All articles tagged with #paramount deal
Larry Ellison pledges $40 billion to support his son's Paramount merger, exemplifying a shift in billionaire philanthropy towards 'philanthropic capitalism,' where large fortunes are invested directly into industries and systems rather than traditional charities, reflecting a broader trend among mega-donors to influence core sectors like media and technology.
Rampage Jackson advocates for increasing UFC Fight of the Night bonuses to $1 million following the UFC's $7.7 billion broadcast deal with Paramount, with UFC president Dana White confirming bonuses will increase in 2026.
UFC's $7.7 billion deal with Paramount aims to boost fighter earnings, with promises of increased bonuses and fairer revenue sharing, though specific pay increases remain unspecified. UFC executives emphasize their commitment to paying top fighters well and compare their revenue sharing favorably to other sports leagues, while also highlighting the broader opportunities this deal may create for fighters and the sport's growth.
Dana White announced that UFC will move its broadcasts to Paramount+ after the current ESPN deal ends in 2025, with Joe Rogan and the existing broadcast team remaining involved. While White sees the deal as positive for all, Georges St-Pierre expressed concerns that it could reduce fighters' negotiating power and revenue share, which is currently less than 20% of UFC revenue.