All My Children" and "One Life to Live" will live on — on the Web. Disney’s ABC has sold the online rights to the two long-running soaps, which are scheduled to go off the air in September, as part of a deal with TV, film and music company Prospect Park, The Post has learned.
Sources said the daily dramas will pick up where they left off on a new, as-yet-unnamed, TV-focused online network once the soaps finish their four-decade run on ABC.
Prospect Park, founded in 2008, is run by executives Rich Frank, a former Disney Studios boss, and Jeff Kwatinetz. Both are executive producers of USA Network’s hit show, "Royal Pains."
The firm will take charge of the same cast, crew and talent — even soap star Susan Lucci as the villainous Erica Kane — and continue the story lines.
Prospect Park is said to be finalizing its current round of funding for its Hulu-style venture in the next month to 45 days. Other unnamed financial backers are involved. The financial terms couldn’t be learned.
The soaps are expected to be the first of a number of brand-name TV shows to eventually land at the site.
News of the deal will be a huge relief to soap fans who have been campaigning for ABC to keep them on air. The broadcast network said in April it was dumping them for much less expensive, unscripted programs, "The Chew" and "Revolution."
"All My Children" launched in 1970 and "One Life to Live" began life in 1968.
A Disney spokesman didn’t respond to a request for comment. Calls to Prospect Park were not returned.
First of all... I don't think they'd produce even a 30 minute show online-- let alone an hour. Secondly, the actors are leaving in droves-not ONE has ever mentioned this. Crews are being dismantled. If they EVER ARE online? They won't be "our shows"....or even close, imo. Go to Daytime Confidential to check out their comments about this. SID is saying be cautious as well.