The Hollywood Reporter also offered insight into Sheridan’s exit from Paramount, claiming that Ellison, president Jeff Shell and Paramount Pictures co-chairs Dana Goldberg and Josh Greenstein flew to Texas after the Skydance/Paramount merger was finalized in August to convince Sheridan he was “in good hands” with the new leadership.

Taylor Sheridan's departure from Paramount for NBCUniversal signals a major power shift that could reshape the streaming landscape.