The six-year saga of one of Hollywood’s most beloved former couples, Channing Tatum and Jenna Dewan, has finally reached its definitive conclusion. As of late 2024, the financial details of their high-profile divorce settlement were finalized, bringing an end to a contentious legal battle that began with their separation in 2018. The final agreement not only resolves the custody of their daughter, Everly, but also settles a massive financial dispute over one of the most successful franchises in modern cinema: Magic Mike.
This article, updated for December 2025, dives deep into the intricate details of their settlement, the dramatic fight over the stripper franchise profits, and how both stars have moved on to new, significant relationships—Channing with his fiancée, Zoë Kravitz, and Jenna with her fiancé, Steve Kazee, with whom she recently welcomed her third child. The journey from their fairytale Step Up romance to their complex co-parenting arrangement is a testament to the evolving nature of Hollywood relationships.
The Complete Channing Tatum and Jenna Dewan Profile and Biography
Channing Tatum and Jenna Dewan first met on the set of the 2006 dance film Step Up, where their on-screen chemistry quickly turned into a real-life romance. They became one of the most celebrated and seemingly stable couples in Hollywood before announcing their separation in 2018.
- Channing Tatum (Actor, Producer)
- Full Name: Channing Matthew Tatum
- Born: April 26, 1980 (Age 45 as of 2025)
- Birthplace: Cullman, Alabama, U.S.
- Notable Works: Step Up, Magic Mike, 21 Jump Street, Dear John, Dog.
- Current Partner: Engaged to Zoë Kravitz (Since October 2023)
- Jenna Dewan (Actress, Dancer, Television Personality)
- Full Name: Jenna Lee Dewan
- Born: December 3, 1980 (Age 45 as of 2025)
- Birthplace: Hartford, Connecticut, U.S.
- Notable Works: Step Up, The Resident, Witches of East End, Host of World of Dance.
- Current Partner: Engaged to Steve Kazee (Since February 2020)
- The Relationship Timeline
- Met: 2006 (On the set of Step Up)
- Married: July 11, 2009 (In Malibu, California)
- Daughter Born: Everly Tatum (May 31, 2013)
- Separated: April 2018
- Divorce Finalized: Late 2019 (Legally), Financials Finalized in 2024.
The Bitter Battle Over the 'Magic Mike' Fortune
The six-year delay in finalizing the divorce was largely due to a single, multi-million dollar asset: the profits from the hugely successful Magic Mike franchise. The financial dispute became the central, most contentious issue in the proceedings, highlighting the complexities of dividing assets from a blockbuster film series developed during a marriage.
1. The Core of the Financial Dispute
The original Magic Mike film, released in 2012, was based on Channing Tatum’s real-life experiences as a stripper in his youth. Jenna Dewan’s legal team argued that the film and its subsequent spin-offs—including two sequels, a successful stage show, and a reality TV series—were developed using marital funds and resources.
Jenna’s claim centered on the belief that she was entitled to a 50% share of the profits because the groundwork for the franchise was laid while they were married, a legal principle that often applies to intellectual property developed during a union. Channing's side countered, arguing that the majority of the profits and future revenue streams were generated after their separation.
2. The Accusations and Legal Maneuvering
Court filings revealed a tense back-and-forth. Jenna accused Channing of failing to turn over all necessary financial documents related to the franchise's earnings, a common tactic in high-stakes divorce cases. Channing’s team, in turn, claimed that Jenna had overstated her involvement and was attempting to claim a share of profits she was not legally owed. The dispute involved thousands of pages of filings and years of negotiations over a complex web of production companies, royalties, and intellectual property rights.
3. The Final 2024 Settlement: A 50/50 Split
In a major update in late 2024, the financial core of the divorce was finally settled. The agreement reportedly stipulates that both Channing Tatum and Jenna Dewan will receive a 50 percent share of the profits from the Magic Mike franchise. This resolution signifies a major victory for Dewan, securing her a significant financial stake in one of Hollywood’s most lucrative properties. The settlement officially closes the financial chapter on their marriage, six years after their initial split announcement.
New Engagements, New Babies: The Next Chapter for Both Stars
With the divorce financials settled, both Channing and Jenna have fully embraced their new lives, marked by new partners, engagements, and growing families. This transition has been a major focus for both stars since their split, signaling a definitive move forward.
4. Channing Tatum’s Road to the Altar with Zoë Kravitz
Channing Tatum is now engaged to actress and director Zoë Kravitz, the daughter of musician Lenny Kravitz and actress Lisa Bonet. The couple initially met while working on the film Pussy Island, which marks Kravitz’s directorial debut and stars Tatum.
- Engagement Details: Tatum proposed to Kravitz in October 2023.
- Wedding Plans: While no official date has been set, reports suggest the couple is planning a "relaxed and elevated" celebration. Sources indicate a low-key backyard bash for close friends and family, with some speculation pointing toward a 2025 wedding date.
- The Blend: The couple has been seen traveling the world together, often gushing about one another in interviews, both personally and professionally.
5. Jenna Dewan’s Growing Family with Steve Kazee
Jenna Dewan has also found enduring love with Tony Award-winning actor Steve Kazee. The couple has been engaged since February 2020, and their family has expanded significantly since then.
- The Children: Dewan and Kazee have two children together: a son, Callum Michael Rebel Kazee, and a daughter, Rhiannon Lee Kathryn Kazee, who was welcomed on June 14, 2024. This makes Dewan a mother of three.
- Delayed Nuptials: The couple’s wedding plans have been delayed multiple times, first due to the COVID-19 pandemic and then due to their growing family.
- Everly’s Involvement: Dewan has shared that her daughter, Everly Tatum, is very "involved" in the planning and excitement surrounding the wedding, highlighting the blended family dynamic.
The Co-Parenting Dynamic of Everly Tatum
Despite the contentious financial battle, both Channing Tatum and Jenna Dewan have consistently prioritized the well-being of their daughter, Everly. Co-parenting has been a central theme in the years following their separation, and the final divorce settlement includes a detailed custody arrangement.
6. A Unified Front for Everly
The former couple shares joint legal and physical custody of Everly Tatum, who was born in 2013. The co-parenting agreement is designed to ensure a stable and consistent environment for their daughter, managing the complexities of their demanding Hollywood careers and their new partners.
Jenna Dewan has often spoken publicly about the importance of maintaining a positive co-parenting relationship, emphasizing that Everly is the focus. The involvement of Everly in Jenna’s new family life—including the birth of her new siblings, Callum and Rhiannon—shows a successful integration of the blended family structure. Channing’s fiancée, Zoë Kravitz, has also reportedly developed a good relationship with Everly, further cementing a cooperative co-parenting environment. This commitment to a unified front, despite the lengthy legal disputes, is the final, most positive revelation from their years-long journey.
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