Channing Tatum, Ex-Wife in Legal Spat Over ‘Magic Mike’ Profits

It’s been more than four years since Channing Tatum and Jenna Dewan divorced, but the financial aspect of their separation agreement is still in limbo. And this week, Tatum—who is currently engaged to actress Zoë Kravitz—asked a judge to terminate spousal support for his wife of nearly a decade, with whom he shares one daughter, as they continue to spar over profits made on the 2012 film Magic Mike.

In court documents obtained by The Blast, Tatum’s attorneys requested a trial to hammer out the financial details of their settlement, after “numerous attempts to settle the dispute out of court” have failed. When the couple’s divorce was finalized in November 2019, they opted to do it in stages, and at the time filed documents for “Judgment for Dissolution of Status Only.”

They came to a custody resolution months later in February 2020, agreeing to share both legal and a 50-50 split in physical custody of their daughter, Everly Elizabeth.

However, the point of contention in their financial resolution involves profits made off Magic Mike, which he filmed during their marriage and which Dewan claims that they both contributed financially to the project. The 43-year-old alleges that Tatum and his business manager “hid and downplayed the value” of the film and its sequels, funneling the film’s earnings through “a complicated network of companies and partnerships,” including The Tatum Family Trust.

Dewan is petitioning the court to require Tatum to provide her with a report of the trust, and if communal funds remain, reimburse her with her half of the proceeds. She also wants an equal stake in any future Magic Mike-related projects.

In return, while Tatum says that Dewan has made no claims for temporary spousal support, he wants it terminated indefinitely. He also argues that Dewan doesn’t require spousal support as she’s been living with her current fiancé, Broadway actor Steve Kazee, for six years. Kazee and Dewan share one child with another on the way.

But in addition to asserting that Dewan is employed and capable of supporting herself, Tatum is agreeing to provide his ex-wife with half of their shared property residuals and royalties.