What does this say about the state of the industry when a production company is asking the star of the No. 1 show in daytime to take a pay cut? Should everyone be worried?
Yes, though it depends on what the star does. All options are open right now. What can I tell you? I know there are certain economic realities that dictate the actions they are taking right now, but the manner in which its being done is most insulting.
You taped your last episode on Sept. 23. Was that the way you wanted Victor to go?
No. It was rushed. It was obviously meant to intimidate. It was obviously done with enormous forethought to coincide with the end of the 26-week cycle. Essentially that is what the business is doing now and has been doing for a while. And quite frankly, it’s outrageous. When I sign a three-year deal, I’m obligated to fulfill that deal. The producers, however, can come to me after a half-year and say, “We’ve changed our minds.” Where in the world of business does this kind of contract exist? Do I blame the people for wanting to squeeze as much out of us as they can? I do not. The question is, when do you squeeze too much?
Thanks to Rebecca for the tip!