Entertainment

How Channing Tatum Turned ‘Magic Mike’ Into a $125 Million Empire

  • Tatum’s Free Association is seeking new live event partners
  • ‘Magic Mike’s Last Dance’ could gross $38 million domestically
Salma Hayek, left, and Channing Tatum in a scene from “Magic Mike’s Last Dance.”Photographer: Claudette Barius/Warner Bros. Pictures
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In a giant party tent on an island near downtown Miami, actor Channing Tatum threw pink dollar bills at a shirtless male dancer.

The crowd at the Jan. 25 premiere of Magic Mike’s Last Dance included director Steven Soderbergh, orange-haired drag queens, and actress Salma Hayek, resplendent in a black bikini covered with a fishnet dress. She’s Tatum’s co-star in the film, the third installment of the stripper movie series that hits theaters on Friday.