Hollywood Deals

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Neon, the Oscar-winning studio behind films like Parasite and Anora, is in discussions to sell a significant stake to production company Department M. The deal, backed by private investors including those from Qatar, has been a topic at recent industry events. If completed, it could reshape Neon's structure while retaining key leadership.

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Taylor Sheridan, creator of Yellowstone, is leaving Paramount after clashes with new leadership, signing a reported $1 billion deal with NBCUniversal. The move stems from disputes over budgets, politics, and project decisions, including drama involving Nicole Kidman. His existing shows will remain with Paramount, which owns the rights.

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