In a major deal, Paramount scores exclusive rights to UFC events, signaling the end of the pay-per-view model currently used by ESPN.

The UFC recently signed a deal with CBS/Paramount+ to broadcast events on both networks. The deal will go into effect next year.

Days after completing its merger with Skydance, Paramount has acquired the U.S. rights to TKO Group’s UFC for seven years, beginning in 2026.