Paramount will become the exclusive U.S. broadcaster of the Ultimate Fighting Championship from 2026 under a seven-year agreement with TKO Group Holdings worth about $7.7 billion, the companies said on Monday.
The deal will give Paramount+ subscribers access to all 13 numbered UFC events and 30 Fight Nights each year at no extra cost, with select major bouts also airing on CBS. Paramount, owned by Skydance, said it could seek UFC rights in other markets when available.
“Live sports continue to be a cornerstone of our broader strategy,” said David Ellison, chairman and CEO of Paramount, describing UFC as a “global sports powerhouse.”
Paramount will pay an average of $1.1 billion annually to TKO Group for the rights, one of the most valuable packages in combat sports, marking a major shift from UFC’s traditional pay-per-view model.
Shares of Paramount rose 4.2% in premarket trading following the announcement, which comes just days after Paramount Global and Skydance Media completed their $8.4 billion merger. The deal strengthens the company’s streaming ambitions as competition for live sports heats up, with rivals such as Netflix and Disney also striking high-profile rights agreements, including for WWE.
UFC stages about 43 live events a year, attracting roughly 100 million fans in the US and reaching nearly 950 million broadcast and digital households worldwide.
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The African Union has endorsed a campaign to end the use of the Mercator map, saying it distorts Africa’s true size and reinforces outdated stereotypes.
Hungarian opposition leader Peter Magyar has called on Russia to guarantee it will not interfere in Hungary’s politics, saying any future cooperation depends on respecting the country’s sovereignty.
Global investors are eyeing defence and energy sectors as European leaders rally behind Ukraine amid signs the U.S. may push Kyiv to accept a peace deal favourable to Russia.
Russia offered concessions on all five occupied Ukrainian regions during the Trump–Putin summit in Alaska, and the U.S. may provide direct security guarantees to Ukraine, a senior American envoy has said.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
A magnitude 5.2 earthquake struck 56 kilometres east of Gorgan in northern Iran early Sunday morning, according to preliminary seismic data.
A deadly heatwave has claimed 1,180 lives in Spain since May, with elderly people most at risk, prompting calls for urgent social support.
Media accreditation is now open for COP30, the United Nations Climate Change Conference, set to take place in Belém, Brazil in 2025.
The Trump administration is expected to shed roughly 300,000 federal workers in 2025, Office of Personnel Management (OPM) Director Scott Kupor said Thursday.
The European Bank for Reconstruction and Development (EBRD) has provided a €500 million loan (almost $590 million) to the national gas company Naftogaz (NAK) for emergency gas purchases for Ukraine.
Bitcoin surged to a new all-time high as expectations grow for U.S. interest rate cuts and regulatory moves favouring crypto investment, boosting investor confidence in the sector.
The U.S. budget deficit surged nearly 20% in July to $291 billion despite a significant increase in customs duty collections from President Donald Trump’s tariffs, as government spending outpaced revenue growth.
The National Carrier of Türkiye, Turkish Airlines has announced an increase in the number of its weekly flights to China.
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