Braeden, who has played Victor Newman on the show since 1980, opted to leave a few weeks ago after producer Sony Pictures Television asked all cast and crew to take major pay cuts. In the actor's case, that mean a reduction from around $1.5 million per year to around $1 million.
His last airdate was scheduled for November 2. No word yet on just how long Victor will be off the canvas.
EW.com has more of the story.
“We’re very happy that Eric will be remaining with THE YOUNG AND THE RESTLESS,” according to a CBS statement. “Victor Newman has been an important part of the Genoa City canvas for nearly 30 years, and we know our audience will be tuning in to see what his plans are next.”
Executive Producer/head writer Maria Arena Bell released her own statement, as well: “We are thrilled to have Eric Braeden continue as the one and only Victor Newman. We look forward to his timely return … and we are delighted that Eric will continue his extraordinary work on THE YOUNG AND THE RESTLESS.”
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