Taylor Sheridan Signs Reported $1B Deal with NBCUniversal, Leaving Paramount

Taylor Sheridan, the creator behind the successful "Yellowstone" universe and other hit series like "Mayor of Kingstown" and "Special Ops: Lioness," is set to leave Paramount for NBCUniversal in 2029 after his current deal ends. His move comes after Paramount's recent leadership changes and a merger with Skydance, which resulted in the departure of executives closely tied to Sheridan's projects. Sheridan's new agreement with NBCUniversal reportedly includes a substantial financial increase, potentially reaching $1 billion over five years, significantly surpassing his previous $200 million deal with Paramount. Despite the shift, Paramount will retain ownership of Sheridan's existing shows, meaning current and future "Yellowstone" spinoffs will remain on Paramount's platforms. Sheridan, who transitioned from acting to writing and producing, has been praised for his ability to create content that resonates broadly, contributing to Paramount+'s success with franchises like "Yellowstone" and the upcoming "The Madison." His departure marks a major change in the TV landscape, as he embarks on a new chapter with NBCUniversal while leaving behind a legacy of popular and lucrative series at Paramount.