But Paramount has reportedly been eyeing WBD for years and followed December's merger announcement with an aggressive hostile takeover bid. On Tuesday, in addition to raising its offer to buy all of WBD, Paramount also agreed to pay a $7 billion regulatory termination fee should a Paramount-WBD merger fail to close due to antitrust regulation, as well as a $0.25 per share ticking fee for every quarter that the deal doesn’t close, starting on September 30.
That has already sparked alarm in the US among Democrats and media advocates, who fear it will lead to more cautious coverage of the Trump administration.
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Szubanski rose to fame playing the netball-loving Strzelecki in the early 2000s, and has been a stalwart of the comedy scene in Australia since.
But the executive shake-up has sparked online debate and speculation about Sharma's lack of gaming background, with some calling it "the end of Xbox".