The UFC has struck a huge deal with Paramount and CBS to broadcast all of its events. Paramount will pay the UFC $7.7 billion to air the UFC for the next seven years and in the process, it has ended the fight organization’s pay-per-view era.

Paramount and TKO, a premium sports and entertainment company, have acquired UFC broadcasting rights in a seven-year, $7.7 billion deal. The deal includes UFC’s full slate of 13 marquee events and 30 “Fight Nights.” All matches and events will be streamed on Paramount+, while select events will be simulcast on CBS.

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.