As a dedicated follower of Home and Away, I’ve watched with growing concern as the latest news about Network Seven’s budget cuts has left some of my favorite stars in the crosshairs. The rumors about Ada Nicodemou and James Stewart having their salaries paused are disheartening, to say the least.
The leading actors on Home and Away are under scrutiny by Network Seven officials over their pay, adding to the financial tension at the company.
As a devoted fan, I’ve long admired the achievements of renowned figures like Ada Nicodemou and James Stewart, whose net worth is reportedly massive. Yet, recently, there seems to be a halt in their substantial earnings.
An insider revealed to Daily Mail Australia on Wednesday that Seven is still reducing its workforce, and it seems that the company’s top actors in their soap operas are unlikely to receive a salary increase in the near future.
An insider shared that it seems unlikely, given current circumstances, for Ada Nicodemou and James Stewart to renegotiate their contracts at this point in time.
Despite the high ratings, the long-running soap opera will not escape budget reductions. The network is tightening its belt and making cuts.
As a lifestyle expert looking back on the current state of things, I’d admit that the executive team is doing a great job maintaining our network. However, I can’t help but notice that the era of generously compensated soap opera stars seems to be a thing of the past.
Executives are closely examining the pay of some long-term actors on Home and Away and could be decreasing their on-screen appearances.
They shared that Neighbors collaborated with Alan Fletcher and Jackie Woodburne on this, and Ryan Maloney now takes on a less expensive behind-the-scenes position.
The production unfortunately can’t do without these renowned characters, yet they are sent to live at Yabbie Creek for a month or two in the script.
‘That’s where you can expect some of these cuts to appear on screen.’
The network is confident that the soap series, which has been a favorite for many years, can continue without harm despite the planned budget reductions.
In the interim, according to the report, those aiming for a higher wage on the popular soap opera must be patient and wait until next year.
As a devoted follower of Home and Away, I can only imagine the substantial wealth that acting legends like Ada, 47, and James, 48, have amassed from their contributions to this iconic TV series.
In 2018, Ada, who was then dating James both on and off the set, showed off her expensive $147,000 Porsche Macan car to the public.
Back in 2009, it was reported that veteran actor Ray Meagher, famous for his role as Alf Stewart, had an annual income of around half a million dollars, $500,000 to be exact. It’s safe to assume this figure has grown since then.
Daily Mail Australia has reached out to Seven for comment.
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2024-07-27 10:38