Skydance-owned Paramount rises on $7.7 bln US rights deal with UFC

TKO group

11/08/2025 13:40

** Shares of Skydance-owned Paramount PSKY.O rise 3.7% to $10.9 in premarket trading

** Starting in 2026, PSKY will become the exclusive U.S. home of Ultimate Fighting Championship under a seven-year rights deal, valued at around $7.7 billion

** Company will exclusively distribute UFC's full slate of 13 marquee numbered events and 30 Fight Nights via its direct-to-consumer streaming platform, Paramount+, with select numbered events to be simulcast on CBS

(Reporting by Harshita Mary Varghese in Bengaluru)

((HarshitaMary.Varghese@thomsonreuters.com))