A source previously told PEOPLE the couple separated months ago

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Channing Tatum and Jenna Dewan will continue working together despite announcing the end of their eight-year marriage.

The former couple plan to still collaborate on their YouTube Red series Step Up: High Water, a source tells PEOPLE.

“All existing projects and those in development will continue as planned,” the source says.

Tatum and Dewan, both 37, serve as executive producers on the series, which premiered on the online platform in January and follows the lives of students at a competitive performing arts school.

The show was inspired by the 2006 film Step Up, where Tatum and Dewan first met. They later tied the knot in 2009 and are parents to four-year-old daughter Everly.

Step Up spawned four sequels. In the original, Tatum plays a disadvantaged teen who gains admittance to a performing arts school where he falls for Dewan’s feisty modern dancer.

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Step Up

On Monday, the pair announced the split in a joint statement exclusive to PEOPLE, saying, “We have lovingly chosen to separate as a couple.” They added, “There are no secrets nor salacious events at the root of our decision — just two best-friends realizing it’s time to take some space and help each other live the most joyous, fulfilled lives as possible.”

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A source previously told PEOPLE the couple separated months ago and the Magic Mike star has moved out of the L.A. family home.

“This has been a long time coming,” one insider says. “Like any marriage, they’ve had their ups and downs over the years but they really started to grow apart within the last year.”