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Another one bites the dust! Liev Schreiber, Namoi Watts call it quits after 11 years

The 'Ray Donovan' star was in a relationship with Watts since 2005

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Naomi Watts and Liev Schreiber at Oscars 2016
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Actors Liev Schreiber and Naomi Watts have called it quits after 11 years together.

The longtime couple, who never got married, was together since 2005 and have two sons together, nine-year-old Alexander and Samuel, seven, have decided to separate with mutual consent, according to The Hollywood Reporter.

"Over the past few months we've come to the conclusion that the best way forward for us as a family is to separate as a couple. It is with great love, respect, and friendship in our hearts that we look forward to raising our children together and exploring this new phase of our relationship," the couple said.

Schreiber, 48, and Watts, 47, have also asked their fans and media to respect their privacy at the moment.

"While we appreciate your curiosity and support, we ask the press to be mindful of our children and respect their right to privacy."

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