Can I split an optical connection on my home theater devices?

Episode 1521 (1:19:15)

Ron from Downey, CA
Optical Splitter

Ron has a sound bar and a surround sound A/V receiver. Both require optical connections, but his A/V receiver doesn't have HDMI for his Blu-ray player. He only has one. What can he do? Is there an optical switcher or splitter? Leo says it should work that way. He may be able to just rewire everything, but buying a new A/V receiver that supports HDMI is the best solution long term. So an optical splitter may be his best choice short term. He shouldn't go too cheap on it, though.