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The 5th installment of Pirates of the Caribbean has been delayed beyond its planned 2015 release.

Disney’s Pirates of The Caribbean: Dead Men Tell No Tales, which sees Johnny Depp returning for his fifth appearance as Captain Jack Sparrow, was expected to go into production next year.

Producer Jerry Bruckheimer told the Hollywood Reporter issues with the script and budget caused the delay.

Jerry Bruckheimer said he was now targeting a summer 2016 release.

“We have an outline everyone loves but the script is not done,” he said.

The 5th installment of Pirates of the Caribbean has been delayed beyond its planned 2015 release.

The 5th installment of Pirates of the Caribbean has been delayed beyond its planned 2015 release.

The producer added: “We want a script that everyone’s signed off on and a budget that everyone’s signed off on.”

The delay follows the poor performance by Disney’s much anticipated summer film The Lone Ranger, also starring Johnny Depp, which earned just $29 million in its opening weekend in the US.

The film, which reportedly cost $215 million to make, has grossed $243 million worldwide to date.

Disney warned the film would amount to losses of between $160 million-$190 million after heavy spending on promotion failed to bring returns.

Jerry Bruckheimer said coming up with a great script was “always hard,” and after this summer – which saw several blockbuster films perform poorly – “everybody’s more cautious”.

The most recent Pirates installments, At World’s End and On Stranger Tides, were both released in time for Memorial Day weekend in September 2007 and 2011.

Disney previously announced the fifth Pirates film will be directed by Kon-Tiki filmmakers Joachim Ronning and Espen Sandberg.

The four films in the franchise have grossed a combined total of $3.7 billion worldwide, making Pirates Of The Caribbean the fifth biggest film franchise ever.

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Claudene Christian, a crew member of the storm-hit tall sailing HMS Bounty, has been pronounced dead in hospital after being rescued at sea.

Officials said the woman, Claudene Christian, 42, had been unresponsive when taken from the water in a dramatic helicopter rescue.

The ship’s captain is still missing, but 14 crew members were rescued.

The ship, which was built for the 1962 film Mutiny on the Bounty, is thought to have sunk.

HMS Bounty was off North Carolina in a stretch of water known as “the Graveyard of the Atlantic”.

It was approximately 160 miles (250 km) west of the eye of storm Sandy, when it began taking on water on Sunday night.

Claudene Christian, a crew member of the storm-hit tall sailing HMS Bounty, has been pronounced dead in hospital after being rescued at sea

Claudene Christian, a crew member of the storm-hit tall sailing HMS Bounty, has been pronounced dead in hospital after being rescued at sea

A coastguard official said earlier that the ship seemed to have capsized while the crew were trying to abandon ship and get into life rafts in 18ft (5.4m) seas.

Fourteen crew members were hoisted to safety by helicopter, but two of the crew appeared not to have made it to the rafts, he said.

Claudene Christian was taken to a North Carolina hospital by helicopter, the coastguard said.

HMS Bounty is a three-mast, 180ft replica of the ship made famous by the mutiny of its crew in Tahiti in 1789.

It had featured in a number of Hollywood films including Pirates of the Caribbean: Dead Man’s Chest.

The replica left the north-eastern state of Connecticut last week and was heading to Florida.

“They were staying in constant contact with the National Hurricane Center,” Tracie Simonin, the director of the HMS Bounty Organization, told the Associated Press news agency.

“They were trying to make it around the storm.”

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