Paramount considers airing UFC fights on TNT post-merger

Paramount Global has indicated that UFC fights could air on TNT following the completion of its merger with Warner Bros. Discovery. This move aims to expand the linear television presence of its recently signed UFC deal. The announcement came during an investor call discussing the $7.7 billion acquisition.

Paramount Global's new seven-year, $7.7 billion deal with UFC, finalized just weeks ago, includes provisions for flexible content distribution across platforms. During a Monday investor call on March 2, 2026, focused on the pending Warner Bros. Discovery purchase, company executives highlighted opportunities to air UFC events on additional linear channels like TNT.

Brian Steinberg of Variety reported Paramount's statement: "Co. has flexibility with UFC to make it avail across all platforms. Can put some fights on broadcast, on TNT. We have flex in that deal to really maximize value." Currently, select UFC fights air on the CBS broadcast network, while full cards are available on Paramount+. The merger would integrate Warner Bros. Discovery's linear assets, including TNT, providing Paramount with more options to distribute UFC content.

Paramount emphasized no immediate divestitures are planned and that combining linear businesses would yield "operational efficiencies" for its sports portfolio. Airing UFC on TNT could help counter the decline in linear television by attracting higher carriage fees from distributors. For UFC, this broader exposure beyond its traditional pay-per-view model could enhance growth, especially with free access on broadcast and cable networks over the next seven years.

The strategy might extend bidirectionally, with potential for TNT's MLB or NHL postseason games to shift to CBS for greater viewership and revenue.

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Illustration of a UEFA Champions League stadium with Paramount logo, symbolizing the new UK broadcast rights deal from 2027.
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Paramount wins Champions League broadcast rights in UK from 2027

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US media company Paramount has secured the rights to broadcast most UEFA Champions League matches in the UK from 2027 to 2031, in a deal worth over £1 billion. This replaces TNT Sports, which has held the rights since 2015, while Amazon Prime will continue showing one Tuesday game per matchday. Sky Sports has also won exclusive rights to all Europa League and Conference League games from the 2027-28 season.

Staffers at Cnn express significant concerns over Warner Bros. Discovery's decision to pursue a deal with Paramount Skydance instead of Netflix, fearing it will undermine the network's independent journalism. Employees describe themselves as devastated and dread the potential influence from Paramount's management of Cbs News. The shift follows Netflix's withdrawal from a prior agreement, which Warner deemed inferior to Paramount's revised bid.

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Netflix has withdrawn from the bidding war for Warner Bros. Discovery, leaving Paramount Skydance positioned to complete the acquisition. The announcement came late Thursday at the London premiere afterparty for Warner Bros.' film The Bride!, eliciting relief among attendees but mixed reactions from global industry players. Concerns focus on consolidation's impact on film production and bargaining power, though some see benefits for theatrical releases.

As UFC 326 approaches on March 7 at T-Mobile Arena in Las Vegas—headlined by Max Holloway's BMF title defense against Charles Oliveira in their rematch—UFC announced bet365 as its official sports betting partner for the US and Canada. The event, previewed earlier with bouts like Caio Borralho vs. Reinier de Ridder, streams on Paramount+ and CBS.

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Netflix has agreed to buy Warner Bros. Discovery's streaming and movie studios business for an enterprise value of $82.7 billion, following a bidding war. The deal, pending regulatory and shareholder approvals, will combine Netflix's 301.63 million subscribers with Warner Bros. Discovery's 128 million. It promises cost savings and broader content access but raises concerns over market consolidation and impacts on theaters.

Netflix has secured a deal to buy Warner Bros. for $82.7 billion, reshaping the entertainment industry and raising questions about the future of HBO's linear service and theatrical releases. The acquisition, which still requires regulatory approval, promises to integrate HBO Max as a separate entity initially but could eventually fold it into Netflix. Industry observers worry about the impact on premium cable and cinema exhibition.

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Paramount Global's proposed merger with Warner Bros. Discovery has cleared the federal antitrust waiting period, potentially shifting scrutiny to state attorneys general. The Department of Justice's opportunity to preemptively block the deal has expired, though intervention remains possible. California Attorney General Rob Bonta has vowed a vigorous investigation into the transaction.

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