Chris McCarthy Joins Taylor Sheridan at NBCUniversal

Chris McCarthy, formerly co-CEO of Paramount, has joined forces with Taylor Sheridan at NBCUniversal. This collaboration aims to produce various TV shows while overseeing Sheridan’s film deal transition to NBCU, expected to take effect next year, with a TV output agreement starting in 2029.

Key Details of the Partnership

Under this new arrangement, McCarthy and Sheridan will create a range of new television productions. However, existing hits created by Sheridan, including the popular series “Yellowstone,” “1923,” and “1883,” will remain under Paramount’s ownership. Sheridan’s portfolio also features shows like “Tulsa King,” its spinoff “Nola King,” “Special Ops: Lioness,” and “Mayor of Kingstown.”

Financial Aspects of Sheridan’s Deal

Sheridan’s agreement with NBCUniversal is substantial. Reports suggest it could be worth up to $1 billion, contingent on meeting specific performance criteria. This strategic move follows NBCU chief Donna Langley’s initiative to lure Sheridan from Paramount, signaling the value they place on his creative vision.

McCarthy’s Transition and New Role

McCarthy’s career took a turn earlier this year when he departed Paramount following a shift in ownership to David Ellison and Skydance. During his tenure at Paramount, McCarthy was instrumental in supporting Sheridan’s extensive projects, often granting him significant budgets and preferred filming locations.

• Previous Collaborations: McCarthy previously collaborated with David Glasser at 101 Studios on the Paramount+ series “Mobland.”
• Leadership Changes at Paramount: McCarthy was part of a trio leading Paramount Global, which now has a different structure under Ellison.

Background on Taylor Sheridan

Known for his work on “Yellowstone,” Sheridan has become a key player in contemporary television and film. His production company, 101 Studios, continues to thrive under Glasser’s leadership. Sheridan’s next film, “F.A.S.T.,” is being developed at Warner Bros, indicating his ongoing commitment to cinematic projects.

With this partnership at NBCUniversal, McCarthy and Sheridan are poised to shape the television landscape with new, innovative programming. Their combined experience could potentially lead to exciting developments for viewers in the coming years.