Paramount Skydance reportedly doesn't intend to pick apart Warner Bros. Discovery if they're able to acquire their competitor.

Warner Bros. Discovery CEO David Zaslav stands to pocket a whopping $500 million if the entertainment conglomerate is sold at the price Paramount Skydance has offered, according to a new report.

David Ellison's $23.50/share offer to acquire Warner Bros. Discovery and merge it with Paramount Skydance was rejected. How high will he go?

With access to Washington and deep pockets, David Ellison's Paramount Skydance is the top contender to buy Warner Bros Discovery.

WBD CEO David Zaslav, meanwhile, believes he can make a case to the Trump administration that they should allow deals outside of Paramount Skydance, appealing to free market types in the

Since the start of the year, Warner Bros. Discovery's share price has more than doubled, increasing 101.1% through Oct. 22. Much of the price movement has occurred since the start of September, however. That came about as rumors swirled about a potential takeover.

Warner Bros. Discovery rejected a takeover offer of “around” $20 per share from David Ellison’s Paramount Skydance in recent weeks as “too low,” Bloomberg News reported Saturday, citing anonymous sources.

Paramount Skydance, led by CEO David Ellison, plans to retain core Warner Bros Discovery components if a merger happens. Despite Warner Bros' board rejecting a $60 billion offer, the merger could integrate HBO Max and Paramount+ while maintaining cable networks.