Taylor Sheridan Leaves Paramount in 2028: What It Means for Yellowstone

Taylor Sheridan is set to leave Paramount in 2028 after closing a $1 billion, five-year movie-and-television deal with NBCUniversal in late 2025. The NBCUniversal deal begins January 1, 2029, when Sheridan’s TV deal with Paramount officially ends. His producing partner David Glasser and 101 Studios are moving with him.

The split followed changes after the Skydance and Paramount merger that reduced the hands-off relationship Sheridan had long enjoyed. New leadership pushed back on budgets and notes, including feedback on a pitch titled Capture the Flag, and reportedly considered canceling Lioness while greenlighting another Nicole Kidman project without informing him.

Donna Langley then offered Sheridan a lucrative deal that promised the creative control he wanted. Sheridan remains contractually obligated to write and executive-produce all Yellowstone projects through December 31, 2028, and Paramount retains 100% ownership of the franchise’s intellectual property.

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