Jenna Dewan has accused Channing Tatum of hiding his income in their divorce

A few days ago, I saw that Channing Tatum and Jenna Dewan were heading back to court, years after they filed for divorce, but I figured it was nothing serious. I was wrong – it is serious. The general timeline: Jenna and Channing met circa 2005-06. They married in 2009 and announced their separation in April 2018. They filed for divorce in October 2018. Before now, I never realized that they had yet to finalize everything and that they’re still working out some big issues. It turns out the drama is the money, specifically Channing’s Magic Mike franchise/property. Jenna and Channing are going back to court because Jenna believes that Channing has screwed her out of money, given that he developed Magic Mike while they were married.

Jenna Dewan and Channing Tatum are at odds over divvying up Magic Mike earnings nearly six years after their breakup. In recent court filings, the exes called on each other and more to testify as witnesses in their ongoing divorce proceedings, with a new sticking point involving profits from the Magic Mike movies, which Dewan’s lawyers describe as Tatum’s “big break.”

Magic Mike, and the film’s eventual “extremely lucrative” offshoots, were “developed and co-financed by Channing during marriage with community effort and marital funds,” her side argues. Since the original Magic Mike, which Tatum starred in and produced, debuted in theaters in 2012, sequels came out in 2015 and 2023. In addition, a spin-off reality TV series aired in 2021, and a popular live Magic Mike attraction has been staged in Las Vegas.

Dewan, 43, alleges that Tatum, 43, and his associates “created a complex web of LLCs, holding companies, and partnerships” as a way to “dilute and conceal the value of, and licensing income therefrom, the community property share of Magic Mike intellectual property.” Asking for a separate trial to figure out how to accurately divide assets in their divorce, Dewan’s legal team said they aim to prove Tatum allegedly “colluded” to “shelter” Magic Mike income from her.

Tatum adamantly disputes this in his filings, saying he “never denied Petitioner of her share of the community assets or income.”

In response to Dewan’s filing, Tatum’s lawyers lamented that they have yet to reach a divorce settlement after five years and they need to schedule it for trial without a “last-minute” postponement. They say Tatum has “exhausted all efforts in an attempt to settle this matter without litigation.”

While his Magic Mike enterprise began during their marriage, Tatum’s lawyers say he “continued to create and develop [it] since separation.” He “expended extensive efforts since separation towards the enhancement of the Magic Mike intellectual property and related entities, which [Tatum] contends give rise to his separate property interest therein.”

[From People]

It’s interesting. While I know many will immediately take Dewan’s side – and I’m leaning that way as well – I imagine the argument is that Channing developed Magic Mike because that was his own story of being a stripper in Tampa, and yeah, he continued to develop projects out of that since their split. Jenna’s argument seems to be that since he created Magic Mike while they were married, she owns half of the entire property. I wonder what Channing offered her “in an attempt to settle this matter without litigation.” I wonder if Channing genuinely did collude to shelter this income.

Photos courtesy of Avalon Red.

World Premiere of 'Kingsman: The Golden Circle' at Odeon Leicester Square in London.,Image: 349860505, License: Rights-managed, Restrictions: , Model Release: no, Pictured: Channing Tatum & Jenna Dewan, Credit line: – / Wenn / Avalon Channing Tatum and Jenna Dewan attend the ‘Kingsman: The Golden Circle’ world film premiere, London, UK,Image: 509588585, License: Rights-managed, Restrictions: WORLD RIGHTS- Fee Payable Upon Reproduction – For queries contact Avalon.red – sales@avalon.red London: +44 (0) 20 7421 6000 Los Angeles: +1 (310) 822 0419 Berlin: +49 (0) 30 76 212 251, Model Release: no, Credit line: James Shaw/Retna / Avalon WEST HOLLYWOOD, LOS ANGELES, CALIFORNIA, USA – MARCH 09: American actor Channing Tatum arrives at the Versace Fall/Winter 2023 Fashion Show held at the Pacific Design Center on March 9, 2023 in West Hollywood, Los Angeles, California, United States.,Image: 761787636, License: Rights-managed, Restrictions: , Model Release: no, Pictured: Channing Tatum, Credit line: Xavier Collin / Image Press Agency / Avalon
BEVERLY HILLS, CALIFORNIA – MARCH 12: Channing Tatum attends the 2023 Vanity Fair Oscar Party hosted by Radhika Jones at Wallis Annenberg Center for the Performing Arts on March 12, 2023 in Beverly Hills, California.,Image: 763126895, License: Rights-managed, Restrictions: , Model Release: no, Pictured: Channing Tatum, Credit line: Jeffrey Mayer / Avalon BEVERLY HILLS, LOS ANGELES, CALIFORNIA, USA – APRIL 09: Jenna Dewan arrives at the Fashion Trust U.S. Awards 2024 held at a Private Residence on April 9, 2024 in Beverly Hills, Los Angeles, California, United States.,Image: 863846899, License: Rights-managed, Restrictions: , Model Release: no, Pictured: Jenna Dewan, Credit line: Xavier Collin / Image Press Agency / Avalon BEVERLY HILLS, LOS ANGELES, CALIFORNIA, USA – APRIL 09: Jenna Dewan arrives at the Fashion Trust U.S. Awards 2024 held at a Private Residence on April 9, 2024 in Beverly Hills, Los Angeles, California, United States.,Image: 863847095, License: Rights-managed, Restrictions: , Model Release: no, Pictured: Jenna Dewan, Credit line: Xavier Collin / Image Press Agency / Avalon

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