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Tom Cruise, Katie Holmes divorcing

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    Hollywood couple splits after 5 years of marriage

  • Duration 5:21
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-- Hollywood power couple is suddenly calling it quits represented -- for Tom Cruise and Katie Jones confirming the actors are getting a divorce.

The couple got married in a very lavish ceremony in Italy back in 2006.

None of us here at the table were invited.

Which is a shame after dating for more than eight years -- rumored cost of the wedding as much as three and a half million dollars act chump change.

And who could forget the way Tom Cruise announced his love for Katie Holmes this is my favorite television moment of all time here this.

We've never seen you behave this way -- I know.

Had you ever yeah.

I was at home so excited I started jumping on my count -- The couple has one child Suri Cruise she's adorable she's six years old.

Laura Ingle has more live and -- New York City newsroom Laura.

What more do we know about the split what's going on here.

Hi great well according to People Magazine online -- today it was Katie Holmes who is ending their five year union a -- for Tom Cruise tells fox.

Katie has filed for divorce and Tom is deeply saddened and is concentrating on his three children please allow them their privacy to work this out.

-- a couple has a six year old daughter serie -- as you mentioned Tom.

As two other children he adopted with his ex wife Nicole Kidman as -- was released by Katie Holmes -- to the media today that reads quotes.

This is a personal private matter for Katie and her family -- primary concern remains as it always has been her daughter's best interest.

You might remember this is Katie Holmes first marriage the third for Tom Cruise who was first married to actress Mimi Rogers that Nicole Kidman and -- Well you know in California -- -- -- from there on that term irreconcilable differences is Latin for infidelity.

On and I'm not suggesting.

I'm not suggesting that's what happened but do we know what caused the -- Well you guessed it irreconcilable differences according to the legal paperwork filed.

I hear a New York the celebrity gossip website TMZ is reporting that Cruz was quote.

Blind sided by -- is legal move adding that she wants sole custody -- primary residential custody of their daughter Surrey and is also asking for what's being called a suitable amount -- child support.

Tom and Katie otherwise known as tomcat by the media reportedly have a pre nup they're -- -- together is said to be around 275.

Million dollars.

Now the last time Tom and Katie were seen together in public was back in February she did not attend any of cruises movie premieres for his new -- rock of ages this week -- been spotted in Iceland -- is on location for new film.

While Holmes has been spotted here in the Big Apple with her daughter she had her wedding ring on two days ago but we haven't seen her today.

Yeah election if you've seen rock of ages -- divorce it is how off prior I Randall.

Thanks very much thanks our legal panel is back former prosecutor and Fox News legal analyst Arthur -- Criminal defense attorney Fox News legal analyst Mercedes Colin are also joining us the -- -- -- tell he is a public relations expert author of rethinking.

Reputation.

-- right there we're -- he's got to there's got to be a clean up here is he passed the limit in which it's in Balladur before it.

Probably the Fortson ballot there are definitely provisions and there's a there's a prevailing sentiment amongst the court that if you work remain married for a certain -- time.

Generally around ten years away that seems to nullify these three -- because at that point very say it's a very significant union.

There's lots of money there's an aggrandizing of the money that both parties came -- to -- those of the sides of the compelling.

Arguments that they you know -- just.

Elephant it's California you can sometimes -- a pre nup out there and you -- child custody you got all kinds just look what.

That's the key -- he did a beautiful -- here brand and what bothers me that hearing that she's moving from -- moving for our sole custody -- open primary residence here.

Like she's trying to cut Tom Cruise of the girl's life for everybody knows the job he's a mother and a father and equal time together.

These guys have different lifestyle than average people aria but -- don't need the parent should be cut out of range anybody's life Frazier do you smell scandal here.

Now no.

-- -- -- -- -- -- I had now of course I -- -- there's always get of course but Tom Cruise has to take the high road and I don't mean jumping on the chair I've got a I mean he's got to be silent.

He's got to be less said the better he's got to let the surrogates do the talking.

He's got to remember as my friend -- says is it show there's a child involved.

Treat seriously.

Yeah well it's something and toward is going on somebody might be right no big check to the other party to keep silent on them and you know it's the it's the model here -- I wanna about it I want Tom -- that the kids' -- so I wouldn't mind compound in the -- I wanna be in my daughter's life time but nothing wrong with that Chernobyl would -- is gonna step in until the -- although the photo album it's this judge to step in and say what's in the best interest of -- and that's important to him.

All right -- Frazier Mercedes great stuff -- thanks for being with us.

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