Is ‘Yellowstone’ about to end abruptly? Don’t bet the ranch, Paramount Network says

Despite a Monday rumor that claimed it might end shortly, the popular series "Yellowstone" on the Paramount Network seemed to be doing just fine for the time being.

According to an exclusive report by Deadline, Paramount Global and Paramount Network were moving to wrap up the Kevin Costner-starring series from co-creator 

and showrunner Taylor Sheridan and would instead shift their attention to a spinoff series starring Matthew McConaughey.

However, a source close to the production strongly denied the claims made by Deadline on Monday afternoon and confirmed that "Yellowstone" will continue.

“We have no news to report. Kevin Costner is a big part of Yellowstone and we hope that’s the case for a long time to come

,” a Paramount Network spokesperson said in a statement to The Times 

"We are constantly working on franchise expansions of this fantastic universe he has developed, thanks to the creative imagination of Taylor Sheridan."

The statement continued that Matthew McConaughey is a tremendous talent with whom we'd love to partner.

According to Deadline, Costner had complained about the show's filming schedule, but the network rejected the actor's "proposal" in favor of focusing on a different program.

Since “Yellowstone” premiered on June 20, 2018, on Paramount Network, Costner has portrayed the patriarch of the Dutton Ranch. The series is currently in its fifth season.

“Yellowstone” also stars Luke Grimes, Kelly Reilly, Wes Bentley, Cole Hauser, Kelsey Asbille and Gil Birmingham.

The alleged McConaughey series would be Paramount Network‘s most recent effort to expand the world of Sheridan’s “Yellowstone.