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.

The new Paramount has inked a major seven-year media rights agreement with TKO Group to become the exclusive home of all UFC events in the U.S. starting in 2026. Paramount, newly merged with David Ellison’s Skydance,

One big question around the long-drawn-out merger of Paramount and Skydance was what its new CEO, David Ellison, would do once he was in charge. In his first big move since the deal closed last week,