Taylor Sheridan's $330M Four Sixes Ranch purchase locked him into Paramount and out of retirement
A $330 million Texas ranch is what kept Taylor Sheridan out of retirement and into an exclusivity deal with Paramount (PARA). Sheridan, 56, told the Rodeo Time podcast he had been positioned to stop working after…
Key takeaways
- Taylor Sheridan's group purchased the Four Sixes Ranch for $330 million, with the deal closing on January 21, 2022.
- The ranch purchase pulled Sheridan, 56, out of a planned retirement and prompted him to sign an exclusivity deal with Paramount.
- Sheridan led a group of investors to close the $330 million gap after telling sellers he was 'about 300 million short.'
- Since signing with Paramount, Sheridan has created Mayor of Kingstown, 1883, 1923, Lioness, Landman, Tulsa King, and The Madison.
- Lioness season three is the current active content window and the clearest indicator of what the Four Sixes deal produced for Paramount.
A $330 million Texas ranch is what kept Taylor Sheridan out of retirement and into an exclusivity deal with Paramount (PARA). Sheridan, 56, told the Rodeo Time podcast he had been positioned to stop working after Yellowstone, with a Weatherford property owned outright and no remaining debt, planning to show horses and run what he called a "hobby herd." The Four Sixes Ranch purchase ended that.
The numbers behind the deal
When the Four Sixes Ranch came up for sale following the death of previous owner Anne Marion, the asking price was $330 million. Sheridan recalled telling the sellers he was "about 300 million short." He resolved the gap by leading a group of investors, with the purchase closing on January 21, 2022.
Before committing, Sheridan said he needed two things settled: that the general manager would stay on for day-to-day operations and that his son was willing to take responsibility for the ranch's future. Marion had first met Sheridan when he arranged to film season four of Yellowstone at the property. After her death, the ranch was not left to her daughter. Her instruction, Sheridan said, was that the sellers find someone who would maintain her vision before breaking the land up for sale.
What Paramount locked in
Paramount had been pursuing an exclusivity deal with Sheridan for years, he said, afraid he would leave for a competing studio. He described the company as "terrified" he would go elsewhere, and said he had turned the conversation down repeatedly. Once the ranch financing was the issue, he made the call. His account of the exchange: he told them he was ready to make an overall deal, they asked if he had a number in mind, and he confirmed he did.
Since signing, Sheridan has created Mayor of Kingstown, 1883, 1923, Lioness, Landman, Tulsa King, and The Madison. Michael Kelly, a Lioness cast member, told ScreenRant this month that Sheridan is "truly a standalone talent" and "one of the greatest storytellers," and that he would take on any project Sheridan offered.
What to watch: Lioness season three is the active content window. It is the clearest read-through on what the Four Sixes deal produced for Paramount.
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Filed via foxnews.com