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UFC and Paramount Announce $7.7 Billion Deal Ending Pay-Per-View Model

WHAT'S THE STORY?

What's Happening?

UFC and Paramount have entered into a seven-year, $7.7 billion agreement for U.S. broadcasting rights, marking a significant shift in how UFC events will be accessed by viewers. Starting in 2026, 30 Fight Nights and 13 marquee numbered events will be available on CBS and Paramount+ as part of the regular subscription fee, eliminating the pay-per-view model previously used for major events. This deal doubles the annual value of UFC's U.S. rights and aligns with Paramount's strategy to enhance its sports broadcasting portfolio, which includes March Madness, the Masters, and the NFL.
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Why It's Important?

The agreement represents a major shift in the sports broadcasting landscape, potentially increasing accessibility and viewership for UFC events. By integrating UFC into Paramount+'s subscription model, the deal could drive subscriber growth and engagement, benefiting both UFC and Paramount. This move also highlights the growing importance of live sports in media companies' strategies to attract and retain subscribers. The elimination of pay-per-view fees may democratize access to UFC events, broadening the sport's audience and enhancing its mainstream appeal.

What's Next?

With the new deal set to begin in 2026, stakeholders will likely focus on the transition from pay-per-view to subscription-based access. Paramount may explore opportunities to create original content around UFC events, further leveraging its investment. Additionally, the partnership could lead to innovative broadcasting approaches, such as airing events from unique locations like the White House lawn, as part of celebrations for the 250th anniversary of American independence. The deal may also influence other sports organizations to reconsider their broadcasting models.

Beyond the Headlines

The shift away from pay-per-view could have broader implications for the sports industry, challenging traditional revenue models and encouraging other sports to explore subscription-based access. This change may also impact the economics of sports broadcasting, as media companies seek to balance subscriber growth with revenue generation. The deal underscores the value of combat sports in attracting year-round audiences, potentially influencing future media investments in similar sports.

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