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UFC Shifts Entire U.S. Event Slate to Paramount+ in $7.7 Billion Streaming Deal

Beginning January 2026, fans will pay only a streaming subscription instead of ordering individual pay-per-views to watch the full slate of UFC events, with premier fights on CBS.

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Overview

  • TKO and Paramount/CBS agreed to a seven-year U.S. media-rights pact worth $7.7 billion, averaging about $1.1 billion per year with payments weighted toward later years.
  • All 13 numbered events and 30 Fight Nights will stream exclusively on Paramount+, with select marquee cards simulcast on CBS starting in 2026.
  • The agreement ends the UFC’s long-standing pay-per-view model in the U.S., allowing viewers to access every event under existing subscription tiers.
  • ESPN’s current UFC rights deal, which paid roughly $450–$550 million annually, expires at the end of 2025, ceding U.S. coverage to Paramount.
  • Paramount positions UFC as a year-round “unicorn” asset to boost Paramount+ subscriptions and plans to pursue international rights as they become available.