Paramount Global Class A Stock News

Fight fans will need to decide if a Paramount Plus subscription is in the budget.

Deal ends sport's pay-per-view model and comes days after Hollywood Studio's merger with Skydance Media

Paramount Skydance signs a $7.7 billion deal for UFC broadcast rights, in the first big move by its new CEO.

Paramount has moved quickly to strengthen its sports portfolio after finalising its merger with Skydance Media, striking a $7.7 billion agreement for exclusive US rights to Ultimate Fighting Championship (UFC) events. The seven-year deal, beginning in 2026, positions Paramount+ as the sole streaming home for UFC's full lineup, with select events simulcast on CBS.

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Paramount Skydance said on Monday that all Ultimate Fighting Championship (UFC) numbered events and fight nights will be streamed live on its Paramount+ streaming service.

Paramount has acquired the U.S. rights to TKO Group's UFC for $7.7 billion over seven years, beginning in 2026. The agreement is for all 43 annual UFC live events, which will be exclusively streamed in the U.S. on Paramount+.

Under the seven-year deal, UFC fights will be streamed on Paramount+ and select bouts will be simulcast on CBS.