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Taylor Sheridan Is Leaving Paramount

TV’s top creator has just closed a massive deal with rival NBCUniversal for film and TV when his commitments with Paramount are up. It’s a major move for the ‘Yellowstone’ and ‘Landman’ creator, but perhaps an even bigger coup for NBCU’s Donna Langley—and suggests that her company is still playing to win.

taylor sheridan
So, how did this happen? It started with Sheridan’s separate film pact at Paramount, which expires this coming March. Photo: Richard Rodriguez/Getty Images for Paramount
Matthew Belloni
October 26, 2025

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For a couple months now, I’ve picked up chatter that Taylor Sheridan wasn’t happy with the new Paramount regime. TV’s top creator, the originator of Yellowstone and its successful spinoffs, and Landman, and Lioness, and a bunch more hit shows on Paramount+, was disappointed when most of the executives he worked with were either fired or marginalized after David Ellison bought the company in August. Some of Sheridan’s budgets have been questioned by incoming streaming chief Cindy Holland, according to sources. And Ellison had tried to insert Paramount into a separate deal that Sheridan made for an old film script at Warner Bros.