The "Yellowstone" creator, Paramount and billionaire Ross Perot Jr. have joined forces on a massive new studio just as Texas has gone big on a new tax incentive program for films and television.

His SGS Studios is partnering with Paramount Television to bring a 450,000-square-foot facility online that will be able to accommodate four series simultaneously.

Taylor Sheridan’s name came up a lot at the Los Angeles press event this week with the new Paramount leadership as virtually every top executive hailed the prolific creator’s business as a top TV asset of the combined Skydance-Paramount Global company.