Will Ferrell & Longtime Producing Partner Adam McKay Part Ways

Will Ferrell and producer pal Adam McKay have decided to go their separate ways.

The two first met when they were hired on the same day by Saturday Night Live back in 1995. 13 years later, they formed the multi-platform comedy generating production company Gary Sanchez, later branching into a female-centric offshoot, Gloria Sanchez.

Together, they worked on tons of comedies together including Anchorman, Step Brothers, and Daddy’s Home. Will starred in the films while Adam directed.

“The last 13 years could not have been more enjoyable and satisfying for the two of us at Sanchez Productions,” the two said in a statement via Deadline. “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.”

It is being reported that they will remain friends, but their production companies will dwindle down after releasing their existing projects.