UFC CEO Dana White announced a seven-year, $1.1 billion rights deal with Paramount, which will stream all UFC cards on Paramount+ and select events on CBS, and a proposed Fourth of July fight card at the White House next year.

Paramount Skydance said it will become the exclusive distributor of TKO Group's UFC events in a seven-year deal worth $7.7 billion.

"The addition of UFC's year-round must-watch events to our platforms is a major win," said Paramount CEO David Ellison, former CEO of Skydance, calling the mixed martial arts franchise a "global sports powerhouse".