The Young and the Restless leading lady Michelle Stafford has confirmed E! News' shocking report of her exit from television's top daytime soap.The actress, who has played Phyllis Summers for the better part of 16 years, gave her official statement to Soap Opera Digest. Said The Staff:

"I would like to personally confirm to the fans that yes, I have decided to leave THE YOUNG AND THE RESTLESS. It has been a glorious 16 years and one of the greatest rides of my life. The constant support and love from the fans is not lost on me. I think I'll miss you the most." READ MORE

So much for it being a slow news day! E! Online is reporting The Young and the Restless powerhouse Michelle Stafford is exiting the show. So far, both Stafford and the show are keeping mum on the two-time Daytime Emmy winner's alleged exit from the serial. READ MORE

Soap Opera Digest is reporting Supernatural alum Mishael Morgan has landed a role on The Young and the Restless. According to the magazine's site, Morgan will play Hilary Curtis, whose first scenes will be with Cane (Daniel Goddard) and Lily (Christel Khalil). Morgan's first airdate is slated for June 14. READ MORE

The backstage casting drama at CBS Daytime's The Bold and the Beautiful keeps getting juicier by the minute. A report in the May 27 issue of Soap Opera Digest claims Jacqueline MacInnes Wood (Steffy) was offered "a lot of money" to stay with the sudser. That's something you rarely hear about anymore, given these times of extreme budget crunching for soaps! Here's an excerpt:

"They threw a lot of money at her to get her to stay," relayes one setside source. "But she just thought it was the right time to go." READ MORE

Is a doctor checking out at The Bold and the Beautiful?  Hunter Tylo (Taylor) posted a message on her website this morning stating she was off contract with the CBS sudser. Tylo also commented on TV daughter Jacqueline MacInnes Wood's (Steffy) status with B&B.

I am getting bombarded with questions to quell rumors, and here, in my Forum I will clarify that Jackie and I are (coincidentally) off our contracts. I have been very successful outside of B&B and I have no doubt she will too - and moreso, because she is free and single to travel all over
the world.

For me, contract talks ended 4 weeks ago. I am moving forward and opening back up to the thousands of acting roles available, writing, and persuing my skin care line. My friends and B&B fans will be sorely missed. But dont worry! I'll keep you posted of my every new adventure!

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The Bold and the Beautiful just added a little more star power to its cast. Ex-Days of Our Lives breakout Darin Brooks has snagged a role on the CBS sudser, according to TV Guide Magazine's Michael Logan. READ MORE