Paramount CBS was initially set to take half of UFC’s broadcast rights in the form of 30 Fight Night cards. But the deal grew following the closure of a merger between Skydance and Paramount. In 48 hours, an agreement for rights to all of UFC’s events was struck, bucking the assumption that UFC would remain with ESPN or move to Netflix.

In an announcement on Monday, Ultimate Fighting Championship (UFC) revealed they will be moving from ESPN+ to Paramount+ and CBS in a new, seven-year media rights deal, worth $7.7 billion. Paramount S