Reported about 8 hours ago
Paramount Skydance has finalized a seven-year agreement worth $7.7 billion to exclusively distribute TKO Group's UFC events, with major events to stream on Paramount+ and select ones simulcast on CBS. This deal follows the recent merger between Skydance Media and Paramount Global, emphasizing the importance of live sports in their strategic plans to boost engagement and subscriber growth.
Source: INVESTOPEDIA