Watch California AG Rob Bonta’s News Conference On Paramount Settlement Agreement Live

California Attorney General Rob Bonta is expected to reveal details of the settlement agreement between Paramount and 12 state attorneys general over the pending $111 billion merger with Warner Bros. Discovery at a 10 am news conference. You can watch the livestream above.

The road to a resolution has been fraught. Bonta abruptly canceled a negotiation session with Paramount in late August after potential deal terms leaked. Talks restarted but tensions mounted over the nearing October 1 deadline for a $7 million a day ticking fee to WBD shareholders as the merger remained on hold.

Four of the 12 attorneys general that took the David Ellison-run company to federal court then broke with the Bonta-led faction that wanted to put the dispute to rest, at least for the time being. Along with the Golden State, the blue state coalition that sued Paramount and WBD back on July 13 is made up of Arizona, Colorado, Connecticut, Massachusetts, Minnesota, Nevada, New Jersey, New Mexico, New York, Oregon and Washington.

Paramount and Warner Bros. Discovery announced in February a formal agreement to merge. It came after WBD jilted Netflix, saying it received a Superior Proposal from the David Ellison company.