Ah, yes..someone who's putting a bit of brakes on the parade! Just thought this was interesting because it highlights a lot of the questions we all have. I am also wondering when the shows would launch, like right away or will it take a while? LA TIMES
Excerpt: On the surface, the news that soap operas "All My Children" and "One Life to Live" may find new life on the Web after ABC pulls the plug on them sounds like great news to fans of the genre.
But the economics of such a move wouldn't be easy. Soap operas have large casts, writing staffs, producers and lots of sets. In other words, they're not cheap. A soap can cost as much as $50 million a year to produce.
The announcement from Prospect Park -- an entertainment company whose partners include former Disney executive Rich Frank that has aspirations of creating a Web entertainment giant -- was very sparse on the details of how it would pull off moving the two soaps from broadcast television to the Internet.