Will Ferrell & Adam McKay End Production Partnership

Adam McKay and Will Ferrell in 2010. Photo by Eric Charbonneau/REX/Shutterstock (4377381o)

Will Ferrel and Adam McKay have decided to call its quits. 

The longtime partners announced Saturday that they have decided to dissolve their production partnership and go their separate ways. The separation is an amicable one, and stems from the mutual desire to ranch out separately and focus on individual creative efforts. 

“The last 13 years could not have been more enjoyable and satisfying for the two of us at Sanchez Productions,” Ferrell and McKay said in a joint statement. “We give massive thanks to our incredible staff and executives and all the writers, directors and actors we worked with through the years. The two of us will always work together creatively and always be friends. And we recognize we are lucky as hell to end this venture as such.”

The duo signed a three-year first look deal at Paramount in September, which means that they still have quite a lot going on under their Sanchez banner. However, in the statement they confirmed that they will see all existing projects to completion. 

“The duo is committed to working together creatively on their extensive slate of shared projects,” they added in the statement. “They will to continue to support each other both personally and professionally as they explore new endeavors as well as their own individual projects. Moving forward, any future projects they may partner on will go through their yet to be announced new ventures.”

Ferrell and McKay met while working on Saturday Night Live in 1995.