Brad Pitt's production company Plan B has ended its dealwith Warner Bros and signed a first-look production agreement with ParamountPictures, whose chairman and CEO Brad Grey was one of Plan B's originalfounders. Pitt and Grey are pictured together here.

The production company already has several projects indevelopment at Paramount. True Story isthe real life tale, to be directed by Kevin MacDonald, of a New York Timesreporter whose identity was stolen by a murder suspect. And GlassCastle is the true story, to be written forthe screen by Anne Meredith, of a columnist who must come to terms with hertroubled childhood.

Plan B projects that will remain in development at WarnerBros include: The Assassination Of Jesse James By The Coward Robert Ford, in which Pitt will star; producer David Heyman's TheCurious Incident of the Dog and the Night-time;The Hatfields and The McCoys; andShantaram, produced with GrahamKing and Johnny Depp.

Jennifer Aniston, an original partner in Plan B, willcontinue to be involved in a number of the company's Warner-based projects.

Pitt stars in two upcoming Paramount projects: AlejandroGonzalez Inarritu's Babel and DavidFincher's The Curious Case of Benjamin Button, a co-production with Warner Bros.

In a statement, Paramount chief Grey said: "It's been nosecret that I've wanted Plan B to have a home at Paramount, and it's especiallygratifying to be bringing Brad and my old friends and colleagues from Plan Bover as one of our first major production deals for the studio."

Plan B was formed by Pitt, Aniston and Grey while Grey waschairman of Brillstein-Grey. The company has produced two big upcoming movies for Warner Bros:Tim Burton's Charlie and the Chocolate Factory with Johnny Depp, and Martin Scorsese's The Departed, a remake of the popular Hong Kong police thriller Infernal Affairs that stars Leonardo DiCaprio, Matt Damon and Jack Nicholson.