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The long, long-running soap opera has not been canceled, mind you.
Its actually a shrewd if cynical business move, says the source.
Worst-case scenario, they lose half their cast.
Best-case scenario [for Corday], everyone agrees to return at a lower salary.
Your show is not canceled.
The cast did recently wrap the next season, however, and it will air next summer.
So, new episodes are still on the way.