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Paramount Skydance Corp. (PSKY) and TKO Group Holdings Inc.(TKO) have entered into a long-term media rights agreement on Monday, which will make Paramount+ the exclusive streaming platform for the newly launched Zuffa Boxing across the U.S., Canada and Latin America.
Under the deal, Paramount+ is set to broadcast all Zuffa Boxing events starting in January 2026. Select fights may also air on CBS and other Paramount outlets. Paramount stock inched 0.4% higher in Monday’s premarket. On Stocktwits, retail sentiment around the stock remained in ‘bullish’ territory amid ‘high’ message volume levels.
Formed through a collaboration between TKO and Saudi-based entertainment company Sela, Zuffa Boxing’s leadership team includes UFC President Dana White, HE Turki Alalshikh, Chairman of Saudi Arabia’s General Entertainment Authority and President of the Saudi Boxing Federation, Rakan Alharthy of Sela, and WWE President Nick Khan, who also serves on TKO’s board.
Notably, 2026 will feature at least 12 high-profile fight nights exclusively available on Paramount+, with plans to scale up in future seasons. The companies expect to release details on the opening matchups and complete scheduling in the coming months.
In August, Paramount acquired the U.S. rights to UFC for $7.7 billion in a seven-year deal, becoming the exclusive home of all UFC events in the U.S.
Paramount Skydance stock has gained over 65% since its merger in August.
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