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Bruna Papandrea Exits Reese Witherspoon’s Pacific Standard Production Company

Papandrea is leaving to start a new venture, while Witherspoon will stay at Pacific Standard

Bruna Papandrea is leaving her joint production banner with Reese Witherspoon, Pacific Standard, to start a new venture, TheWrap has learned.

The duo is set to continue producing the projects that are currently in development, including “Luckiest Girl Alive” at Lionsgate and “All Is Not Forgotten” at Warner Bros. They also have the upcoming HBO series “Big Little Lies,” in which Witherspoon will star. They will also continue to work together under the Pacific Standard-ABC overall deal.

“I’m very proud of the projects that Bruna and I have produced together,” Witherspoon said in a statement. “Bruna is a hard-working, extremely talented producer. I’m happy to further collaborate with her on the strong slate of Pacific Standard properties. ”

Pacific Standard was founded by Papandrea and Witherspoon, and the company has produced various female-driven projects that include “Wild” and “Gone Girl.”

“It’s been an amazing 5 years with Reese,” added Papandrea.

“I’m so proud of what the two of us have created together. She’s such a talented and inspiring producing partner and I’m really excited that we’ll continue to collaborate on our many terrific on-going projects.”

“Big Little Liars” will also star Nicole Kidman, Alexander Skarsgard, Laura Dern, Adam Scott and Shailene Woodley.

In May, it was announced that Witherspoon would also star in and produce “Tink,” a live-action Tinker Bell movie in development at Disney, under the Pacific Standard production banner.