Taylor Sheridan's (the mastermind behind Yellowstone) reported exit from Paramount marks a pivotal turning point for both the creator and the studio that built its modern television identity around his vision.As reported by Deadline, after David Ellison announced a merger between Skydance and Paramount Global, the network marginalized many of their long-standing executives, who also shared an amicable working relationship with Sheridan. This creative change did not sit right with the Yellowstone creator, following which he signed a new TV and film deal with NBCUniversal.Following Taylor Sheridan’s exit, the Yellowstone spin-offs are bound to undergo a creative shift that could redefine the tone and direction of the franchise. While Sheridan’s storytelling was rooted in rugged realism and moral complexity, the post-Sheridan era is expected to bring a fresher and more diversified vision to the universe.More on this in our story.Yellowstone and its spin-offs will remain Paramount's property View this post on Instagram Instagram PostWhile Taylor Sheridan is taking his talents away from Paramount+, his Western drama vision will continue to flourish in the form of Yellowstone and its many spin-offs. For fans wondering about the fate of his most beloved TV franchise, Paramount will continue to own Sheridan's existing (and upcoming related) library, even after he switches to NBCUniversal. This means that while the writing juggernaut will begin a new partnership with NBCUniversal, Paramount+ will continue to reap the fruits of his labour in the form of many TV shows he will leave in his wake.In addition to the flagship series, Paramount also owns the rights to every upcoming spin-off (Dutton Ranch, Y: Marshals, The Madison and 1944) and they will remain the network's property, irrespective of their agreement with Sheridan.The same goes for every other show in the Taylor-Sheridan universe, including Tulsa King (and its spin-off NOLA King), Lioness, Landman and Mayor of Kingstown. Creative shift in the Yellowstone spin-offs View this post on Instagram Instagram PostNew creative voices may steer the spin-offs toward broader narratives and emotional nuance rather than the signature grit and intensity that defined Sheridan’s storytelling. Though the absence of Sheridan’s singular voice marks the end of an era, it also signals a chance to reinvent the Yellowstone franchise for a new generation of viewers while honoring the world he built.While viewers might not have noticed this, Taylor Sheridan was slowly losing his grip on all his major IPs. While his active involvement (in writing and directing) was already diminishing in Mayor of Kingstown and Tulsa King, fans were surprised to learn that Spencer Hednut will helm the upcoming spin-off series Y: Marshals. These changes might have looked abrupt then but were subtle foreshadowings of the Western writer's impending move.Taylor Sheridan appears ready to turn the page on his career with a new chapter at NBCUniversal. However, fans will forever recognize him as the creative force who gave Paramount one of its defining successes, the cornerstone series, Yellowstone.Through the Dutton family, Sheridan has built a cultural juggernaut that is deeply rooted in American identity and legacy. While Paramount has certainly lost the architect behind one of its most successful franchises, the platform will continue to house the flagship series and entertain fans through the many upcoming spin-off shows.As Sheridan passes the creative reins for his passion project to somebody else, fans will likely experience changes in themes and narratives in the upcoming spin-offs. It remains to be seen how Paramount+ will accommodate this major change and ensure the smooth transition for one of its most successful IPs.For the latest scoops on your favorite TV shows and movies, follow SoapCentral.