Jenna Dewan and Channing Tatum’s contentious courtroom battle over the Magic Mike franchise is lastly over as the previous couple got here to an settlement and settled their divorce.
Talks between the exes stalled for years as the previous spouses fought over the mental property and the distribution of cash Tatum earns from the profitable film franchise.
Though particulars of the settlement are usually not public, the pair signed a binding judgement this week that conclusively resolves the dispute.
Which means the trial showdown between the battling exes that was scheduled for December is now off.
If Tatum or Dewan have any future disagreements over custody, they’ve agreed to work it out privately with a choose, in response to courtroom information submitted to an LA choose.
Each additionally mutually agreed to waive spousal assist from each other.
Dewan and Tatum married after assembly whereas on set of the 2006 movie Step Up.
Jenna Dewan and Channing Tatum formally settled their contentious divorce over their dispute in regards to the Magic Mike franchise. The previous couple have been separated since
Tatum’s 2012 Magic Mike film had two sequels, a reside Las Vegas present and a actuality collection on HBO
They introduced their cut up in a joint social media assertion in 2018, saying there have been ‘no secrets and techniques nor salacious occasions on the root of our determination.’
‘Completely nothing has modified about how a lot we love each other, however love is a fantastic journey that’s taking us on totally different paths for now,’ the exes mentioned within the assertion.
Whereas the pair formally turned single on November 2019, their divorce proceedings stalled over Tatum’s profitable Magic Mike offers spawned from the 2012 movement image hit.
The Hartford, Connecticut born actress maintained the cash used throughout their 10-year marriage financed the Magic Mike franchise, which incorporates two sequels, a actuality TV present on HBO known as Discovering Magic Mike and a reside Las Vegas present.
Tatum and the movie’s director, Steven Soderbergh, co-financed the undertaking. The movie was largely primarily based on on Tatum’s personal earlier experiences as stripper in Florida.
Their $7 million funding was a blockbuster, incomes $167 million worldwide.
Movie star legal professional Samantha Spector, who represents Dewan, wrote in courtroom paperwork that Tatum’s authorized crew ‘disadvantaged Jenna of a good and equal share of the group property, and he’s prejudicing her day by day that this case continues.’
Spector estimated the Magic Mike enterprise is ‘a possible billion greenback asset.’
Tatum is engaged to actress Zoë Kravitz, 35
Tatum’s legal professional, Jacqueline Combs, insisted the Magic Mike franchise made most of its cash after the actor and Dewan had already separated.
The actor mentioned in courtroom papers that he all the time agreed for his ex to have a slice of the Magic Mike.
‘I’ve by no means denied her share of any group belongings or revenue,’ the 44-year outdated star wrote. ‘Her claims that I’ve “colluded with third events” are utterly false.
‘She has had full entry to all our monetary information for all actions throughout our marriage and since separation. I proceed to offer her with updates concerning Magic Mike monetary issues.’
The previous Step It Up co-stars share a daughter, 11-year outdated Everly, who they’ve 50/50 custody, which each agreed to again in February 2020.
The actress, 43, shares Callum and child daughter Rhiannon with fiancé Steve Kazee
Tatum is engaged to actress and director Zoë Kravitz, 35, and stars in her directorial debut Blink Twice.
Dewan has been engaged to actor Steve Kazee, 48, since 2020. Dewan and Kazee are dad and mom to Callum, 4, and child daughter Rhiannon.
The actress posted, ‘Thanks universe’ on her Instagram and a smiling selfie on Wednesday – a day after she and Tatum signed the ultimate divorce settlement.