Spanish-language drama Rage (Furia) follows an ensemble cast of five women through a variety of intense situations, from infidelity and poverty to murder. The social satire has violence and betrayal around every corner. Each episode is just 25 minutes long, with no wasted motion, and creator Félix Sabroso is already at work on a second season.

But after some consumer backlash—and plenty of market research—the company is reverting to the more recognizable HBO Max name, doubling down on its focus on premium content like Hacks and The White Lo...