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Is TomKat Over?

As a special Valentine's Day present to everyone, Life and Style is reporting that Tom Cruise and Katie (we don't care Tom says -- we just can't call her Kate) Holmes are ending their relationship.

Life & Style has learned exclusively that Tom Cruise and Katie Holmes have agreed to call off their wedding — and, ultimately, to split. Multiple insiders confirmed the story to Life & Style, with one longtime friend of Tom’s saying: "Their relationship is basically over." Another friend adds: "They both agreed that the marriage wouldn’t work and they wanted to end it before they learned to hate each other."

The insiders say that Tom, 43, and Katie, 27, plan to keep up the charade of a romance until after their baby’s birth this spring. In the meantime, the couple will live in his Beverly Hills home — though sleeping in separate bedrooms — through the summer. Then, presumably, they’ll announce a separation — but Tom plans to buy Katie a home nearby so he can visit his child whenever he wishes.

"They’ll share custody," says the friend, who claims the couple are drawing up a legal document to provide for Katie’s and the baby’s financial well-being for life. "Tom will set up Katie and the baby," adds the pal.

Cruise's reps are denying the story, but remember how everyone from Nick and Jessica to Brad and Jennifer also denied the story long before it became clear that the stories were true? Of course, it could just be wishful thinking on the part of Life and Style -- certainly everyone we know wishes this unholy union would destruct sooner rather than later. Now that we think of it, we haven't seen Tom jump on one couch or make out with his fiancee in public in months....

You can see scans of the magazine story here.

Posted on February 14, 2006

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