Is it correct?

I don't understand "guest ;Mike" in the middle. The punctuation has gone wonky around this point too, as if something might have been garbled in the transcription.

When re-reading the story, I've noticed that too, but I couldn't find a way to fix it, so that it would introduce the guest'name.

kunsusukiWhen re-reading the story, I've noticed that too, but I couldn't find a way to fix it, so that it would introduce the guest'name.

Is this a sentence that you've written or one that you've read or transcribed?

It is part of the introduction of a short story I've written.

kunsusukiIt is part of the introduction of a short story I've written.

If I understand correctly what you are trying to achieve, I suggest this:

"We shall carry on with The Ugly Truth, Mike, after taking a short break. Stay still! We'll be right back."

"Will be right back" may sometimes be said as a

GPYWe shall carry on with The Ugly Truth, Mike, after taking a short break.

But here it wouldn't be clear that Mike is the guest of a tv show, no?

kunsusukiBut here it wouldn't be clear that Mike is the guest of a tv show, no?

From those words alone, perhaps not, though it may be guessable. There would have to be some preceding context or dialogue to explain it, or at least explain who is speaking and what "The Ugly Truth" is. For example, if we know it is a show where guests are interviewed, and we know