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Rumours had surfaced that the role of Captain Jack Sparrow could be recast after Depp admitted to losing some enthusiasm for the project following the departure of Dick Cook from Disney.
He had hinted to the Los Angeles Times that he only accepted the fourth movie offer because of his friendship with Cook.
However, a representative for Disney has told Radar Online that the speculation is "completely unfounded" and that the role will not be recast.
The fourth instalment, tentatively titled Pirates Of The Caribbean: On Stranger Tides, is scheduled for release in 2011.
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