Paramount Skydance seems willing to pull out all the stops in its quest to purchase Warner Bros. Discovery. The company has sent a new revised offer to purchase WBD, but its main competition in the process, Netflix, isn’t backing down. Its executives continue to stand by their accepted bid, deflecting concerns about regulatory reviews and taking a few extra jabs at Paramount’s new offer in the process.

On Tuesday, Paramount released details on its new bid to purchase Warner Bros. Discovery, which the company confirmed that it had received, but continued to classify it as “unsolicited.” The $30-per-share price Paramount is offering has not changed, but the offer has been enhanced with a $0.25-per-share “ticking fee,” which is payable to WBD shareholders for each quarter beyond Dec. 31, 2026, that its transaction has not closed.

That figures out to around $650 million per quarter in cash value. Essentially, it’s Paramount’s way of expressing confidence to WBD shareholders that it can get a deal past regulators quickly, should they pivot from the Netflix offer and opt for Paramount’s instead.

WBD has already agreed to a deal to sell its TV and movie studios, as well as streaming assets, to Netflix in a proposal that has since been upgraded from stock-and-cash to cash-only. Paramount has continued to insist that it has a better chance of winning regulatory approval in the United States and Europe than Netflix does.

The added pressure of another suitor has made Netflix officials increasingly willing to discuss the transaction process. The company’s chief global affairs officer, Clete Williams, appeared on Fox Business Network this week, attempting to deflect the narrative that the regulatory review process would be an issue for Netflix.

“Of course, the Department of Justice is going to investigate this transaction and make sure that it’s good for our economy and good for our consumers,” Williams said. “And my understanding is that they’ve sent similar inquiries about Paramount as well.”

Williams also took a few jabs at Paramount, saying that purchasing WBD would give them so much duplication that they would have to cut more than $6 billion in jobs if they bought WBD. He acknowledged that Netflix’s purchase would come with $2 to $3 billion in synergies as well, but notes that Netflix’s cuts would mostly come in the form of licensing fees, not jobs.

Paramount has filed proxy materials that allow it to officially encourage WBD shareholders to vote against the Netflix bid, and has extended the deadline for its own offer until Feb. 20. The latest fee addition may or may not sway many WBD shareholders, who have thus far stood by Netflix as it moves through the purchase process.