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.

Paramount CBS was initially set to take half of UFC’s broadcast rights in the form of 30 Fight Night cards. But the deal grew following the closure of a merger between Skydance and Paramount. In 48 hours, an agreement for rights to all of UFC’s events was struck, bucking the assumption that UFC would remain with ESPN or move to Netflix.

Paramount will become the new home to all Ultimate Fighting Championship events in the U.S. under a seven-year agreement with TKO Group announced on Monday.