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This is generally the goal of any re-branding. It would be illogical to attempt re-branding against a successful, known property.

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it could be that the licensing fees on the name are a significant enough drag on revenue, and/or the agreement has an expiration date and there's an expectation that the licenser won't renew the agreement.

I've been a part of situations like that. You can try and get ahead of it like TW is doing now where you create the second name ahead of time and try to build up the recognition and awareness around it in advance.

Time Warner Cable was bought by Charter, and the Spectrum "rebranding" is Charter's existing name for cable services. If there are continuing licensing fees for using the Time Warner name, I don't see why Charter would continue using it over its own brand name.

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