Young and the Restless expects things taking a very bad turn for Victor Newman (Eric Braeden) and his family. I think he and Adam Newman (Mark Grossman) are going to explode over this new twist that they’ve been dealt.
Phyllis Summers (Michelle Stafford) has snatched their three biggest companies and she bested “The Great Victor Newman.” We’re going to talk about Victor and Adam both going off the rails if they can’t get the family companies back. But first, please click subscribe if you’re not following us.
Victor Gets a Shock on Young and the Restless
This week, Victor finds Cane Ashby (Billy Flynn) chloroformed and suspects that Phyllis did it. And of course, she did. Victor was worried when he didn’t hear back from Cane. And then he called Adam to come to the Cane train, too. They were wondering if Phyllis had planned all along to betray Cane.
They also figured out that Billy Abbott (Jason Thompson) went over to the ranch to distract them while Phyllis was taking care of Cane. What they don’t know at that point is that Phyllis, at that same moment, is in Victor Newman’s former office taking everything from Cane and giving it to herself and her co-conspirator.
Phyllis Summers Pulls the Ultimate Heist on Newman Enterprises on Y&R
Phyllis gave Newman Enterprises to herself. She signed Newman Media over to Sally Spectra (Courtney Hope) and gave Chancellor to Billy. Then, Victoria Newman (Amelia Heinle) showed up and was ranting at Phyllis and Billy, making threats about their kids, and stormed out.
Victoria called and told Victor what happened to Newman Enterprises and Chancellor. Victor said they’ll get it all back and more. I’m not sure what “and more” there could possibly be. Phyllis had nothing. I guess Victor can try and take Abbottcom or go after Jabot, but without the AI, it’s not going to be easy.
For now, Victor’s empire is wiped out. It’s gone. Victoria talked about using legal avenues, like with law enforcement, but Phyllis already told Billy that she can’t do that because Victor would also go down since he used the AI. I think that’s accurate.
Right now, things look bleak and I think Victor and Adam are both going to explode when they realize how thoroughly they have been bested by Phyllis. Right now, Billy’s waffling since Victoria threatened to turn the kids against him, but I still don’t think he’ll give up Chancellor.
Sally Spectra and the Future of Newman Media on Young and the Restless
What’s funny about Phyllis signing over Newman Media to Sally is that Sally used to run it with Adam. This move by Phyllis leaves him, Chelsea Lawson (Melissa Claire Egan). And all of the Newmans jobless.
The easiest company for Victor and Adam to get back, I actually think, will be Newman Media. I think Sally will be shocked and displeased to find out that it’s hers. And I don’t think she’s going to want it.
I could see her going to Adam and offering Newman Media back with a caveat. Sally may say, “Look, I’ll sign it over today. No dollars exchanging hands; for free, as long as Adam doesn’t use it to trash Abbottcom or run any smear pieces about Jabot or any of the Abbotts.”
Adam and Chelsea would probably agree to that because they didn’t want to do that stuff anyway. But Victor might be so inflamed by what Phyllis did that he won’t compromise to get Newman Media back. Victor may think that he can get it back himself without making any sort of deal with Sally.
Victor Newman’s Broken Promises to Lily Winters on Young and the Restless
Another problem that’s going to leave Victor angry is that he’s going to have to face Lily Winters (Christel Khalil) when she’s back in Genoa City in a few weeks. I do think Adam is right and Victor promised Lily that she can have Chancellor if she played the kidnap game with him on Young and the Restless.
Unless something changes, Billy is still going to have Chancellor when Lily gets back to Genoa City. Christel Khalil is back taping after her maternity leave, so Lily’s only gone a few more weeks. Then Victor is going to have to explain, “Oh yeah, by the way, I screwed you out of Chancellor again.”
Honestly, if Lily expected Victor to keep his word, that’s kind of on her. But maybe Lily got something in writing, which would be interesting, but also would be worthless since Victor doesn’t own Chancellor anymore.

Nikki Newman and the Potential End of the Newman Marriage
I’m sure Lily’s return means Nikki Newman (Melody Thomas Scott) and the rest of the family are going to find out what Victor promised to get her to fake being kidnapped. Victoria already said if Victor promised Chancellor to Lily behind Nikki’s back, it could end their marriage.
Nikki was over at Jack Abbott’s (Peter Bergman) saying she doesn’t know how much she can take if Victor goes further. This is definitely further. Victor may try and say, “Well, it doesn’t matter since Phyllis stole it.” But yeah, it still does matter if he went behind everybody’s back and made the deal, even if it didn’t come to fruition.
Victor may try and say he was lying to Lily, but that’s not a good look either. I think Nikki may turn around and explode on Victor because all of this, in the end, is entirely his fault. Even what Phyllis is doing now is all Victor’s fault.
Phyllis Summers Claims Revenge for the Marco Annicelli Trauma
Phyllis sitting on Victor’s throne could completely destroy him. His kids are really worried that he’ll have a health crisis over this. But Phyllis getting revenge on Victor has been a long time coming.
What he did to Phyllis with Jack Abbott’s doppelganger, Marco Annicelli (Peter Bergman), was horrific. Having him rape her day after day in her bed while pretending to be her husband—that truly broke Phyllis.
Phyllis has always been Phyllis, but the Marco thing was really bad for her mental health. Victor has been owed major payback on that for years. Seeing Phyllis in his CEO seat is something I think Victor deserves, at least for a while.
Cane Ashby and the Abbott Family React to the Newman Downfall on Y&R
As for Cane, he may think this is all kind of funny. Once he wakes up from the chloroform, he will find out that Victor was bluffing about Lily and the twins. Phyllis taking everything while Cane was knocked out may just make him laugh because he gets to watch Victor and Adam burn while Phyllis gets the last laugh.
Cane is just a spectator on the sidelines enjoying the show. Finding out that Lily conspired with Victor may push Cane to give up on Lily once and for all. Cane may tell Lily that he’s glad Billy got Chancellor and not her.
You never know, Cane might actually end up running Newman Enterprises with Phyllis. I could see Cane going over and apologizing once he realizes that Phyllis was right and Victor was lying to him. Phyllis would likely take Cane back because she always wants a partner in crime. And she has been hot for Cane for quite some time.
Jack, Kyle Abbott (Michael Mealor), and Diane Jenkins (Susan Walters) would all have a really good laugh right in Victor’s face about Phyllis beating him. Diane might even send Phyllis some flowers and champagne to congratulate her on being the new Newman CEO. Diane will be thrilled to find out Nikki lost Chancellor because she loathes Nikki right now.
I’ve seen fan comments on soap social media. And one overriding theme is that they hope Victor is left to suffer for a while without his company. Fans do not want Victor to get it back from Phyllis too fast because everybody’s been irritated with the writing for Victor being so monstrous lately. Fans want to see Victor roast a bit before things get better. And I think that is going to happen.
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