The seven-year deal, beginning in 2026, was the first major deal struck by Paramount after it finalized its merger with Skydance.

The seven-year $7.7 billion deal is an early win for the company’s new chairman, David Ellison, who took over last week. CBS will also show some marquee fights.

Paramount will become the new home to all Ultimate Fighting Championship events in the U.S. under a seven-year agreement with TKO Group announced on Monday. Under the deal, Paramount will exclusively distribute the UFC’s full slate of its 13 marquee numbered events and 30 “Fight Nights” on its streaming platform Paramount+ — with