Paramount will become the new home to all UFC events in the US under 7-year deal with TKO Group
Under the deal, Paramount will to exclusively distribute the UFC's full slate of its 13 marquee numbered events and 30 'Fight Nights' on its streaming platform Paramount+ — with select numbered events also set to simulcast on CBS — starting in 2026.
It's a shift away from the UFC's existing pay-per-view model, which Paramount and TKO say will allow the mixed martial arts programming reach more consumers nationwide.
Weekly
A weekly look at what's happening in Winnipeg's arts and entertainment scene.
The seven-year deal has an average annual value of $1.1 billion, the companies said Monday.
Paramount, now owned by Skydance, also said it intends to explore UFC rights outside the U.S. 'as they become available in the future.'
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Winnipeg Free Press
7 minutes ago
- Winnipeg Free Press
Eurovision, the world's largest live music event, to take place in Vienna next year
VIENNA (AP) — The Eurovision Song Contest 2026 will take place in Vienna. Austria's public broadcaster ORF, which will organize the world's largest live music event, announced the location Wednesday morning. Following Austrian singer JJ's victory with 'Wasted Love' in Basel this spring, the music competition will be held in May 2026 at the Wiener Stadthalle. 'After thorough examination and based on a unanimous jury assessment, ORF has concluded that Vienna's bid is the most attractive not only in terms of infrastructure and logistics, but also economically,' ORF Director General Roland Weißmann said. Innsbruck also applied to host the event. It will be Vienna's third time as host, following 1967 and 2015. 'As mayor of Vienna, I am naturally delighted that Vienna has prevailed and will once again represent Austria next year. I am convinced that we will have a wonderful May together,' Mayor Michael Ludwig wrote on X. Eurovision's finale will take place May 16 after the semi-finals are held May 12 and 14, 2026. JJ, whose winning song combined operatic, multi-octave vocals with a techno twist, and who also sings at the Vienna State Opera, won the contest in May. Weekly A weekly look at what's happening in Winnipeg's arts and entertainment scene. JJ, whose full name is Johannes Pietsch, was Austria's third Eurovision winner, after Conchita Wurst in 2014 and Udo Jürgens in 1966. The song contest is always held in the country whose singer won the competition. The last Eurovision song contest, which has been uniting and dividing Europeans since 1956, was watched by 160 million viewers.
Toronto Star
2 hours ago
- Toronto Star
Pivetta strikes out 10 in combined 4-hitter as the Padres beat the Giants 5-1
SAN DIEGO (AP) — Nick Pivetta allowed a leadoff homer by Jung Hoo Lee and then settled down to tie his season high with 10 strikeouts in six innings and lead the San Diego Padres to a 5-1 victory against the San Francisco Giants on Tuesday night. The Padres snapped a four-game losing streak and remained two games behind the defending World Series champion Los Angeles Dodgers in the NL West.
Winnipeg Free Press
2 hours ago
- Winnipeg Free Press
Asian shares retreat, tracking tech losses on Wall Street
TOKYO (AP) — Asian shares retreated on Wednesday, tracking a decline on Wall Street led by technology shares including Nvidia and other stars that have been riding the mania surrounding artificial-intelligence. Benchmarks fell in Japan, South Korea and Taiwan, pulled lower by selling of computer chip makers. Tokyo's benchmark Nikkei 225 declined 1.7% to 42,787.28. Japan reported its exports fell slightly more than expected in July, pressured by higher tariffs on goods shipped to the U.S. Computer-chip equipment makers Advantest plunged 6.6% and Disco Corp. dropped 4.7%. Chip maker Tokyo Electron lost 1.9%. and Lasertec Corp. lost 1.8%. The Taiex in Taiwan fell 2.4% after chip maker TSMC dropped 3.8%. Hong Kong's Hang Seng slipped 0.6% to 24,980.20 while the Shanghai Composite index edged 0.1% lower to 3,725.22 after China's central bank opted to keep the benchmark interest rate unchanged, as markets had expected. Australia's S&P/ASX 200 gained 0.2% to 8,917.60. South Korea's Kospi dropped 1.4% to 3,096.09, as North Korean leader Kim Jong Un condemned South Korean-U.S. military drills that began this week, and vowed a rapid expansion of his nuclear forces to counter rivals, according to North Korean state media. On Wednesday, the S&P 500 fell 0.6% to 6,411.37, for a third straight loss. It remains near its all-time high set last week. The Dow Jones Industrial Average added less than 0.1% to 44,922.27, and the Nasdaq composite slumped 1.5% to 21,314.95. The heaviest weight on the market was Nvidia, whose chips are powering much of the move into AI. It sank 3.5%. Another AI darling, Palantir Technologies, dropped 9.4% for the largest loss in the S&P 500. It's seen bets build up sharply that its stock price will drop, according to S3 Partners. Only Meta Platforms has seen a bigger increase this year in what's called 'short interest,' where traders essentially bet a stock's price will fall. Meta, the owner of Facebook and Instagram, sank 2.1%. Criticism has been rising that stock prices across Wall Street have shot too high, too fast since hitting a bottom in April and have become too expensive. Palantir's stock came into Tuesday with a tremendous gain of 130% for the year so far. The priciness of AI-related shares and potential for further trade restrictions in the strategically important chip industry prompted investors to sell. Home Depot's gain of 3.2% was the biggest reason the Dow did better than other indexes. The retailer reported results for the latest quarter that were a bit short of what analysts expected, but it delivered growth in revenue and stood by its prior forecasts for revenue and profit over the full year. The week's headliner for Wall Street is likely arriving on Friday. That's when the chair of the Federal Reserve, Jerome Powell, will give a highly anticipated speech in Jackson Hole, Wyoming. The setting has been home to big policy announcements from the Fed in the past, and the hope on Wall Street is that Powell may hint that cuts to interest rates are coming soon. The Fed has kept its main interest rate steady this year, primarily because of the fear of the possibility that President Donald Trump's tariffs could push inflation higher. But a surprisingly weak report on job growth across the country may be superseding that. Traders on Wall Street widely expect the Fed to cut interest rates at its next meeting in September in order to give the economy a boost. Treasury yields have come down notably in the bond market as a result, and they eased on Tuesday. Monday Mornings The latest local business news and a lookahead to the coming week. Strategists at Bank of America warn that Powell may not sound as inclined to cut interest rates as the market is expecting. He could remain non-committal and discuss the possibility of a worst-case scenario for the economy called 'stagflation.' The Fed has no good tool to fix that situation, where the economy stagnates at the same time as inflation remains high. In other dealings early Wednesday, benchmark U.S. crude added 12 cents to $61.89 a barrel. Brent crude, the international standard, gained 11 cents to $65.90 a barrel. The U.S. dollar edged down to 147.52 Japanese yen from 147.66 yen. The euro cost $1.1636, down from $1.1648. ___ AP Business Writer Stan Choe contributed.
