Warner Bros Discovery is considering reopening sale talks with rival Hollywood studio Paramount Skydance after receiving its hostile suitor’s most recent amended offer, Bloomberg News reported on Sunday, citing people with knowledge of the matter.

Members of Warner Bros’ board are discussing whether Paramount could offer the path to a superior deal, the Bloomberg report said, adding that the board has not decided how to respond and may stick to the current deal with Netflix.

Reuters could not immediately verify the report. Paramount, Warner Bros and Netflix did not respond to requests for comment.

Paramount had enhanced its Warner Bros bid last week by offering shareholders extra cash for each quarter the deal fails to close after this year. It also agreed to cover the breakup fee the HBO parent would owe Netflix if it walked away, even though the CBS owner did not raise its per-share offer.

Paramount said it has offered shareholders a 25-cent-per-share quarterly “ticking fee” (about $650 million) in cash starting in 2027 until closing and agreed to cover Warner Bros’ $2.8 billion breakup fee to Netflix. However, it did not raise its $30-per-share offer, valuing the deal at $108.4 billion including debt.

Both Netflix and Paramount covet Warner Bros for its leading film and television studios, extensive content library and major franchises such as “Game of Thrones,” “Harry Potter” and DC Comics superheroes Batman and Superman.

Activist investor Ancora Holdings, which has built a nearly $200 million stake, last week said it plans to oppose the Netflix deal, arguing the board did not sufficiently engage with Paramount over its rival bid, which includes cable assets like CNN and TNT.

(Reporting by Chandni Shah in Bengaluru; Editing by Chris Reese and Matthew Lewis)

President Donald Trump announced Sunday that member states of his newly-formed Board of Peace have pledged more than $5 billion toward humanitarian and reconstruction efforts in Gaza.

Trump said the commitment will be formally unveiled on Thursday, February 19, at the Donald J. Trump Institute of Peace in Washington, D.C. In addition to financial pledges, Trump said participating nations have committed thousands of personnel to both an International Stabilization Force and to local police units to maintain security and peace for Gazans.

“On February 19th, 2026, I will again be joined by Board of Peace Members at the Donald J. Trump Institute of Peace in Washington, D.C., where we will announce that Member States have pledged more than $5 billion toward the Gaza Humanitarian and Reconstruction efforts,” said President Trump.

Trump also outlined what he described as the board’s early achievements.

“The Board of Peace has unlimited potential. Last October, I released a Plan for the permanent end to the Conflict in Gaza, and our Vision was unanimously adopted by the United Nations Security Council. Shortly thereafter, we facilitated Humanitarian Aid at record speed, and secured the release of every living and deceased Hostage. Just last month, two dozen distinguished Founding Members joined me in Davos, Switzerland, to celebrate its official formation, and present a bold Vision for the Civilians in Gaza, and then, ultimately, far beyond Gaza—world peace.”

Trump ratified the board’s charter during a ceremony at the World Economic Forum in Davos; the organization, he says, is designed to bring long-term peace and economic prosperity to Gaza, which has had an economy largely supported by aid. “85% of the GDP of Gaza has been aid for a long time,” said Senior Board Official and Trump’s son-in-law Jared Kushner. “That’s not sustainable. It doesn’t give these people dignity; it doesn’t give them hope.”

According to the board’s leadership structure, there are seven executive members tasked with overseeing different areas of Gaza’s transition, including reconstruction, funding, and capital mobilization. Those members include Secretary of State Marco Rubio, U.S. Special Envoy to the Middle East Steve Witkoff, Jared Kushner, former U.K. Prime Minister Sir Tony Blair, Marc Rowan, Ajay Banga, and Robert Gabriel.

Member states listed as participating were Morocco, Argentina, Bahrain, Armenia, Azerbaijan, Bulgaria, Hungary, Jordan, Kazakhstan, Kosovo, Pakistan, Paraguay, Qatar, Saudi Arabia, Turkey, Uzbekistan, and Mongolia. Many European countries are not on the list, and some have even rejected invitations to participate.

The BBC reports countries cited Russian President Vladimir Putin’s invitation as a reason for hesitating to join the board. France claimed the decision was that the board would undermine the United Nations framework. Shortly after, Trump made a comment that he would put a 200% tariff on his wines and champagnes, and then French President Emmanuel Macron would join.

“We have taken note of Mr. Trump’s statements on wines and champagnes,” responded a French official. “As we have always emphasized, tariff threats to influence our foreign policy are unacceptable and ineffective.”

Critics call the board “a vanity project” that will not actually bring peace to Gaza.