The Yellowstone series isn't strictly based on a true story. It weaves together fictional characters and plotlines set against a backdrop that evokes the spirit of the west. However, it might draw inspiration from various real-life ranching and frontier experiences to add authenticity.
No, it's not. Yellowstone creates its own fictional narrative within a western setting. While it may incorporate common themes and tropes found in real ranch life, the specific story and characters are fabricated for entertainment purposes.