After 37 years of being a prominent figure in the world of boxing, "Showtime Championship Boxing" is bidding farewell to the sport. The announcement of Showtime's departure from boxing programming by its parent company, Paramount Global, was made in a statement on Tuesday. In the statement, Paramount Global explained their decision, saying, "As we refine our strategy to allocate resources more efficiently and align our content offerings throughout the business, we have regrettably chosen to discontinue our involvement in boxing and other content produced by the SHOWTIME sports team." Paramount Global affirmed that it would continue to air and support the scheduled boxing events for the remainder of 2023, honoring its obligations. They also expressed their heartfelt appreciation for the contributions of their employees who have been a part of the award-winning sports programming for decades. PBC, led by Al Haymon, has held an exclusive agreement with Showtime as the primary provider o