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Channing Tatum and Jenna Dewan Battle Continues in Legal Dispute Over ‘Magic Mike’ Profits
Financial settlement and division of property under scrutiny
Channing Tatum and Jenna Dewan, the former couple who announced their split in 2018, are currently entangled in an ongoing legal battle over the financial settlement, including profits from Tatum’s highly successful ‘Magic Mike’ franchise. The proceedings are being closely watched by both their fans and the entertainment industry alike.
Key Issues for Trial
According to documents obtained by PEOPLE, the key issues to be addressed in the trial are the division of property, reimbursement claims, support, breach of fiduciary duty, and attorneys’ fees. The former couple has been trying to settle for over five years through numerous settlement conferences, but an agreement has not been reached yet.
Seeking Fair Resolution
A representative for Jenna Dewan states, “Jenna is just looking for a fair resolution of community assets of the marriage, under California State Law.” The actress aims to reach a final determination and close this chapter of her life as soon as possible. However, representatives for Channing Tatum have not responded to PEOPLE’s request for comment at this time, leaving his stance in the legal battle undisclosed.
Contradicting Claims and Lengthy Delay
According to a source close to Tatum, the reason the legal battle has been prolonged is due to Jenna’s continuously contradicting actions and claims. They argue that while she claims to seek a fair settlement, she is ignoring all post-separation work that Channing and his partners have done to enhance the ‘Magic Mike’ franchise. Allegedly, she is stalling negotiations while expressing her desire for resolution, further complicating the proceedings.
The Intellectual Property Dispute
The central and most significant issue in the legal battle is the division of profits from the intellectual property associated with Channing Tatum’s ‘Magic Mike’ trilogy of movies. Jenna Dewan claims that the subsequent movies, a spin-off reality TV series, and the successful live ‘Magic Mike’ attraction in Las Vegas were all developed and co-financed through joint efforts and marital funds. She asserts that Tatum, since their separation, has collected all profits from the franchise without her knowledge.
Countering Claims
Tatum’s attorney has vehemently disputed Jenna’s claims, arguing that the actor has expended extensive efforts to enhance the ‘Magic Mike’ intellectual property since their separation. These efforts, according to Tatum, give rise to his separate property interest in the franchise. Tatum listed his business partners and the director of the original movie, Steven Soderbergh, as witnesses on his list.
The Path Forward
Jenna Dewan considers the ‘Magic Mike’ dispute the primary issue to resolve, with hopes that settling this matter will pave the way to resolving their other pending issues. Tatum’s legal team claims that he has exhausted all efforts to avoid litigation, emphasizing his desire to move on.
Life Beyond Legal Battle
Since their separation, both Channing Tatum and Jenna Dewan have moved on with their lives. Dewan is now engaged to Steve Kazee, with whom she has a son and is expecting a second child. Tatum is engaged to actress Zoë Kravitz, which was a recent update in his personal life.
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Background of the Former Couple
Channing Tatum and Jenna Dewan first met on the set of the movie ‘Step Up’ in 2006. They got engaged in 2008 and married in Malibu in 2009. The couple welcomed their daughter, Everly, in 2013. Even after their split, they remain committed to co-parenting their daughter.
