The new owners of the venerable studio, now trading as PSKY, have seen a stock rally of 30 percent over two days.

BET Networks is no longer being shopped for a sale to a third-party buyer, Paramount Skydance executives confirmed during a Q&A on Wednesday.

Paramount Skydance emerged as a potential meme stock on Wednesday, with the shares soaring 60% during the session.

UFC fighters will have more to fight for once UFC's Paramount+ era begins. UFC CEO Dana White confirmed plans to increase post-fight bonuses after the new media rights deal. On Monday, TKO Group Holdings,

Dana White confirmed Joe Rogan’s UFC role will stat intact as $7.7B Paramount+ deal ends PPV, streaming all events from 2026.

In a major early move under new ownership, Paramount has agreed to pay $7.7 billion for media rights to UFC’s mixed martial arts events in the U.S. Paramount said Monday that it has signed a seven-year deal with TKO Group Holdings that will put 13 marquee UFC events and 30 fight nights on streaming platform Paramount+ beginning next year.

UFC streaming rights in the US are worth $7.7 billion to Paramount. Paramount to become exclusive US home for UFC in $7.7 billion streaming deal.

Paramount Global has made a landmark move by acquiring the rights to UFC events in a massive $7.7 billion, 7-year deal. This acquisition marks the company’s first major action following its merger with Skydance Media,