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 United States carried out a third consecutive night of airstrikes against Iran, targeting military capabilities around the Strait of Hormuz as Donald Trump announced the reinstatement of a blockade on Iranian shipping and proposed a 20% fee on cargo passing through the strategic waterway.
IBM has warned that a surge in spending on artificial intelligence infrastructure is weighing on its core business, in one of the clearest signs yet of how the AI boom is reshaping the technology sector.
President Ilham Aliyev has approved an agreement between the governments of Azerbaijan and Georgia on the supply of natural gas to Georgia, marking another step in energy cooperation between the two neighbouring countries.
The United States has announced a campaign to weaken the International Criminal Court (ICC), describing the tribunal as a threat to American sovereignty and signalling that further sanctions, visa restrictions and diplomatic pressure on allies could follow.
The United States carried out a third consecutive night of airstrikes against Iran, targeting military capabilities around the Strait of Hormuz as Donald Trump announced the reinstatement of a blockade on Iranian shipping and proposed a 20% fee on cargo passing through the strategic waterway.
President Ilham Aliyev is holding his annual question-and-answer session with international journalists at the 4th Shusha Global Media Forum in Azerbaijan.
The United States and Iran have significantly escalated their conflict, exchanging heavy missile and drone strikes across the Gulf region. Iran claims it has once again closed the Strait of Hormuz, a vital global shipping route.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 13th of July, covering the latest developments you need to know.
An overnight fire at a popular bar in Bangkok has killed at least 30 people and injured 70 others, making it one of the deadliest pub disasters in the Thai capital in recent years. Authorities say the venue quickly filled with thick smoke, trapping patrons inside.
Oil prices rose nearly 3% on Tuesday to their highest level in four weeks as the United States and Iran stepped up attacks around the Strait of Hormuz, adding fresh uncertainty to global energy supplies.
China has approved fast-fashion retailer Shein's long-awaited initial public offering (IPO) in Hong Kong, clearing the way for the company to pursue a stock market listing after previous attempts in the U.S. and London failed.
European carmakers have urged the European Union to make sure new “Made in EU” rules do not put existing investments in Türkiye and Morocco at risk.
Microsoft is expected to announce a new round of job cuts as early as next week as the technology giant looks to reduce costs, according to reports.
A Swedish court has ordered Alphabet-owned Google to pay about $1.5 billion in antitrust damages to price comparison platform PriceRunner, in one of Europe's largest competition-related awards against a major technology company.
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