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22 May 2024 10:59
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  •   Home > News > Entertainment

    Jenna Dewan has accused Channing Tatum of refusing to give her a fair cut of the profits from 'Magic Mike'

    The former couple split in 2018 but they have still not finalised the terms of their divorce, and now the 'Rookie' actress has blamed her ex-husband for the continued delay, arguing he has resisted her attempts to negotiate a settlement over the movie franchise, which was "developed and co-financed by Channing during marriage with community effort and marital funds."

    Court documents obtained by stated: "While this case has been pending for some time, it is Jenna's contention that the cause of the delay is Respondent CHANNING MATTHEW TATUM's ("Channing") refusal to accept an equal division of the 'Magic Mike' intellectual property. Once trial on that issue has concluded the remaining issues will be relatively straightforward in comparison.

    "By way of background, the parties have spent the better part of three years attempting to resolve the issues with the assistance of a retired judicial officer. In fact, they have attended multiple settlement conferences as well has engaged in settlement discussions."

    The 43-year-old actress accused the 'Logan Lucky' star of creating a "complex" arrangement to "dilute and conceal" the value of his share in the 'Magic Mike' franchise, which as well as movie sequels also includes a stage production and reality TV show.

    Her lawyer wrote: "Jenna contends that Channing, with the participation and assistance of his business manager and other associates has created a complex web of LLCs, holding companies, and partnerships, all of which are calculated to dilute and conceal the value of, and licensing income therefrom, the community property share of Magic Mike intellectual property and derivative assets.

    "Jenna contends that, in breach of his fiduciary duty to the community, Channing (a) engaged in a variety of self-dealing transactions designed to disguise Magic Mike intellectual property and derivative asset income as performance and consulting fees;(b) colluded with third parties to conceal Magic Mike intellectual property and derivative assets and (c) conveyed a significant portion of Magic Mike intellectual property and derivative assets to third parties both during the marriage and after the date of separation without first obtaining Jenna's spousal consent."

    Jenna - who has 10-year-old Everly with Channing, son Callum, four, with fiance Steve Kazee, and is pregnant with her third child - accused her ex-husband of having transferred the prodits into a trust without her knowledge in order to "shelter 'Magic Mike' intellectual property income from her."

    Her motion read: "Channing exclusively collected one-hundred percent of the post-separation profits from the Magic Mike intellectual property and the Magic Mike projects while Jenna has been systematically excluded from business activities associated with her fifty percent stake in this intellectual property."

    Jenna is seeking a 50% cut of Channing's share in the 'Magic Mike' enterprise. The actor, also 43, has yet to respond.

    © 2024 Bang Showbiz, NZCity

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