As part of the agreement, the Paramount+ streaming platform will show UFC’s full slate of numbered events and ‘Fight Nights,’ with select events simulcast on sister network CBS, the companies said. UFC has traditionally distributed its mixed martial arts events through a pay-per view model rather than via streaming subscriptions.

David Ellison, the new CEO of Paramount, pinned a major new deal for the media company he just took over. Paramount Skydance on Monday announced a seven-year media rights agreement with TKO Group under which Paramount+ will become the exclusive home of all UFC events in the U.