BREAKING NEWS - Johnny Depp And Vanessa Paradis Split, Rep Confirms

Johnny Depp and Vanessa Paradis have ended their 14-year relationship, his rep has confirmed.

Depp and Paradis had been together since 1998, and the couple have two children, daughter Lily-Rose Melody Depp, 13, and son John "Jack" Christopher Depp III, 12.

Depp's publicist released the following statement to ET:

"Johnny Depp and Vanessa Paradis have amicably separated. Please respect their privacy and, more importantly, the privacy of their children."

It was first reported in January that the couple were headed for a split due to constant arguing, and a source told Radar, "Johnny has started reaching out to lawyers, probably to quietly discuss how to get out of the relationship. They're not married but they've been together for years and have kids together so it isn't as easy as just breaking up."

Shortly after that story hit the web, Vanessa shot down the report, telling the French TV show Le Grand Journal, "Of course it's false! People say we are buying houses in the middle of nowhere, or that we have fifty two houses in France. And that is along with saying we split up every winter and get married every summer, and that I'm on my twelfth pregnancy." Last month Depp denied that the two had broken up when he was doing press for Dark Shadows, telling reporters at the film's London premiere, "The rumors are not true. They are absolutely not true."

Depp is worth an estimated $300 million, so hopefully things will stay amicable when it comes to his finances!