The massive five-year overall deal for film, TV and streaming, will begin Jan. 1, 2029 after Sheridan’s overall TV deal with Paramount ends. (It goes through 2028.) Also moving to NBCUniversal is Sheridan’s close collaborator David Glasser and his 101 Studios, who has signed a first-look deal with the new studio that will begin in early 2026, after the company fulfills its current Taylor Sheridan obligations to Paramount.
This is a shocker, underscoring the new era of talent wars that commenced with Skydance’s acquisition of Paramount Global. In one of the combined company’s first major moves, it poached Stranger Things creators Matt and Ross Duffer from Netflix with a similarly massive film and TV deal.
Sheridan’s departure, first reported by Puck, is also surprising as the new Paramount regime made it clear on Day 1 that he was the top creator on their roster and someone they were looking to keep in the fold for a long time. But the regime change came with top executive changes too, including the departure of co-CEO Chris McCarthy who was directly involved in the Taylor Sheridan business.
