Paramount Skydance Corporation said it has obtained every regulatory clearance required under its merger agreement to acquire Warner Bros. Discovery after reviews across 68 jurisdictions, and is now seeking a settlement with the coalition of 12 state attorneys general trying to block the deal. Chief Executive Officer David Ellison said the company remains confident in its legal position but has offered commitments and concessions and is open to working constructively with the states to find a path forward. The $110 billion transaction, announced in February after Paramount beat Netflix in a bidding war for Warner Bros., remains stalled by the multi-state antitrust case, which argues the merger could reduce competition and push up cable bills and movie ticket prices. A federal judge temporarily blocked the merger in June. Paramount has said the state litigation is the final barrier to closing and warned that further delay would add penalty fees, litigation costs and business disruption. Under the merger agreement, Paramount must pay a $0.25 per day ticking fee per share to Warner Bros. shareholders if the deal has not closed by Sept. 30, and the company said that if closing slips to June 2027 the added cost could exceed $1.9 billion.