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International Business Times UK
International Business Times UK
Business
Teddy Cambosa

Paramount-Skydance Stocks: How It's Performing, And How Its Latest UFC Deal Will Unlock New Value

Paramount Skydance Corporation— the $8 billion (£5.89 billion) powerhouse formed from the merger of Paramount Global and Skydance Media— has seen its shares rocket after securing an exclusive $7.7 billion (£5.67 billion) seven-year UFC streaming rights deal.

The rally, which sent shares up between 30% and 46% on 13 August, marks the best multi-day stretch since the merger's completion.

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