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Under a seven-year agreement worth $1.1 billion annually, UFC rises to become the tied-eighth most valuable sports franchise in the U.S., with rights now included at no extra cost on Paramount+, marking a dramatic shift from pay-per-view distribution.

Under the agreement, Paramount will develop, produce, and distribute the film based on the popular intellectual property while both companies said they remain committed to honoring the brand's "rich narrative and distinctive style" for fans.

Former Paramount ANZ executive joins Foxtel after nearly 15 years at Network 10, strengthening its programming strategy.

His departure comes after Liza Burnett Fefferman, also an EVP in Corporate Communications, confirmed she was leaving earlier this month.

Lawmakers question $16 million settlement, cancellation of “The Late Show,” and alleged $20 million “side deal,” warning potential violations of anti-bribery laws.