Paramount and the California A.G. office are set to meet Monday to discuss a settlement of the antitrust lawsuit over Paramount's Warner Bros. Discovery deal.

California AG Rob Bonta discussed the states' antitrust case to block the Paramount Skydance-Warner Bros. Discovery merger with CNBC's David Faber.

Rob Bonta said a negotiated resolution is possible but that any deal would need to address concentration in film and basic cable TV markets