The Walt Disney Company and Jerry Bruckheimer Part Ways After More Than 20 Years and 27 Films

Just one week after the news that the fifth installment of the Pirates of the Caribbean franchise was on hold, the Walt Disney Company announced that it was severing ties with producer Jerry Bruckheimer.

The news comes a few months after the less-than-stellar theatrical release of The Lone Ranger, which Bruckheimer produced. The poor box office returns from the film will cost Disney nearly $190 million according to most reports.

The Disney/Bruckheimer relationship lasted more than two decades and resulted in 27 films, including the National Treasure and Pirates of the Caribbean franchises.

Disney's official release on the separation stated that "Disney will continue to focus on its branded properties including Disney, Pixar, Marvel and now Lucasfilm, while Bruckheimer is looking to produce more mature films outside the scope of the Disney brand."

Disney's CEO Bob Iger told CNBC earlier this week that Bruckheimer will "probably" end up making more films for Disney.

And, Walt Disney Studios Chairman Alan Horn had similar sentiments in the company's official release regarding the split.

"Jerry is one of the most respected and prolific producers working in the motion picture industry, and we have had an incredibly successful collaboration over the past two decades and he is a friend to many of us here at Disney," Horn said. "We will continue to work together in the future, and we look forward to seeing more of the films that have made Jerry Bruckheimer a Hollywood legend."

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