Jennifer Aniston is reportedly teaming up with her former Friends co-star Courteney Cox to start a movie production company - rivalling the one she co-founded with her ex-husband Brad Pitt.

Aniston recently shed interest in Plan B, which she created with Pitt, and pals say she's now forging ahead with preparations to re-enter the business realm with Cox by her side.

A source says, "She and Courteney are going to produce award-winning movies. This will be an equal partnership with just the two of them and they'll be great together."

Cox and her husband David Arquette already have a production company of their own, which focuses on developing TV projects.