With Disney Studios planning a major reboot of the flagging Pirates Of The Caribbean franchise, Johnny Depp will no longer return as Captain Jack Sparrow.

Over the past 15 years, Depp has headlined five Pirates Of The Caribbean films – The Curse of the Black Pearl, Dead Man’s Chest, At World’s End, On Stranger Tides and Dead Men Tell No Tales.

The original script writer of the franchise, Stuart Beattie, confirmed the news to Daily Mail at a recent event. “I think he’s had a great run. Obviously, he’s made that character his own and it’s become the character he’s most famous for now. And kids all over the world love him as that character. So I think it’s been great for him, it’s been great for us, so I’m just very, very happy about it,” he said.

According to reports, the Pirates Of The Caribbean films have crossed $4.5 billion worldwide to become one of the highest grossing film-series of all time. However, the most recently released film of the franchise, Dead Men Tell No Tales, was the lowest performing.

Meanwhile, Depp is awaiting the release of Fantastic Beasts: The Crimes of Grindelwald, which is slated to hit the theatres on November 16.