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Universal Pictures and Working Title Films have extended their production agreement for five years.

The new agreement through 2020 replaces the first-look deal set to expire this year. Working Title and Universal first partnered in 1999 and have since teamed up on 50 films, resulting in $5 billion in worldwide grosses.

Universal Pictures chief Donna Langley made the announcement on Friday with Working Title co-chairmen Tim Bevan and Eric Fellner.

“Working Title is the biggest and best international production company in the world and we’ve been privileged to be in business with them for many cherished years,” Langley said. “Tim, Eric and their team have been incredible partners with whom we have celebrated much success and we look forward to repeating that success in the future.”

Working Title’s movies with Universal include “The Theory of Everything,” “Les Misérables,” “Tinker Tailor Soldier Spy,” “Billy Elliot,” “Frost/Nixon,” “Notting Hill,” and the “Bridget Jones” movies. The two companies are currently in production on “Hail, Caesar!,” directed by Joel and Ethan Coen, and “The Danish Girl,” starring Eddie Redmayne.