Will Ferrell and Adam McKay, the producing team behind some of the best-loved comedies of the last decade, have ended their partnership in what they describe as an amicable split.

The pair, who also founded the site Funny Or Die together, originally met while working on the long-running Saturday Night Live in the mid-1990s.

They started their company Gary Sanchez Productions in 2006, and have since made dozens of films and TV shows under the banner.

Some of their most high-profile productions include Step BrothersAnchorman 2, the Daddy’s Home movies, Vice and the TV shows Eastbound & Down and Drunk History.

In 2014, a sister company called Gloria Sanchez Productions was formed, with a focus on female-voices. It is behind the upcoming Netflix show Dead To Me, starring Christina Applegate.

In a joint statement, Will Ferrell and Adam McKay said:

“The last 13 years could not have been more enjoyable and satisfying for the two of us at Sanchez Productions. 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 pair have said that they will wrap-up their current projects and will “continue to support each other both personally and professionally as they explore new endeavors as well as their own individual projects.”

Adam McKay won a Best Adapted Screenplay Oscar for The Big Short, and was nominated for five further Oscars for the recent Vice.

His next film Bad Blood, the last to be produced under the Gary Sanchez banner, will star Jennifer Lawrence as disgraced biotech entrepreneur Elizabeth Holmes.

Source: Variety
Image: Getty Images / Kevin Mazur