No Hope for Online Soaps

Looks like it really is the end of the road for iconic soaps One Life To Live and All My Children.

Though there were earlier reports that the popular soaps would get a second life online thanks to a licensing deal between the company Prospect Park and ABC, Deadline.com is now reporting that Prospect Park will not be going ahead with plans for an online soap network featuring the two long-running shows.

"We believed the timing was right to launch an Online TV Network anchored by these two iconic soap operas, but we always knew it would be an uphill battle to create something historical, and unfortunately we couldn’t ultimately secure the backing and clear all the hurdles in time," the company said in a statement. "We are extremely grateful to the fans and media who showed great support to us through this process, to ABC who did everything in their control to help, and we are especially grateful for the support and encouragement from many of the Soaps' cast and crew themselves."

Prospect Park listed "financial infrastructure" and the "contractual demands of the guilds" among the key reasons the beloved soaps weren't able to take off online.

In April, fans were outraged when ABC announced the cancellation of television staples One Life to Live and All My Children. Both shows were on the air for over 40 years and launched numerous careers, including those of Ryan Phillippe and Kelly Ripa.

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