Paramount Acquires UFC Rights For $7.7 Billion In A 7-Year Deal, Days After Skydance Merger: Report
Synopsis
The UFC deal is valued at roughly $1.1 billion per year, amounting to $7.7 billion over the seven years, according to a CNBC report.
Paramount Skydance Corp. (PSKY) on Monday reportedly acquired the U.S. rights of TKO Group Holdings Inc.’s (TKO) UFC for $7.7 billion in a seven-year deal.
This comes days after Paramount Global completed its merger with Skydance Media. The UFC deal is valued at roughly $1.1 billion per year, amounting to $7.7 billion over the seven years, according to a CNBC report.
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