Not sure if you’ve heard the news, but streaming giant Netflix is in the process of purchasing the entirety of Warner Bros., from its film and television department to their gaming divisions.

As it stood, it seemed pretty set in stone that Netflix won things, but it seems Paramount Skydance isn’t so convinced, throwing in a massive $108 billion hostile bid. The offer gives investors both more money and an alleged easier time getting the acquisition passed.

Now, to be clear, if Paramount Skydance were to take the reigns here, it’s hard to say how they could assure an easier time going through regulations. Not long after the bid was placed, alarm bells rang of antitrust issues, which makes sense for two media powerhouses looking to effectively join forces.

Besides Paramount’s owners, Affinity Partners, RedBird Capital, the Saudi and Qatari sovereign wealth funds, and L’imad Holding Co are all part of this financing deal here.