The pair, who married in January of 1982, have three adult children together -- daughters Lucy and Grace and son Jacob.
The couple worked together on the classic sitcom Taxi (1978-1983) and appeared onscreen in the 1996 comedy film Matilda. In 1992, the pair founded Jersey Films, a production company behind many movie hits including Pulp Fiction, Garden State, Erin Brockovich and Freedom Writers.
Being movie moguls, their split appears complicated as it's unclear if they have a pre-nup. Watch the video for more.