Canceled Soaps All My Children and One Life to Live Move Online

Posted on July 8, 2011

All My Children Erica Kane

ABC's canceled soaps, All My Children and One Life to Live, are moving online. The New York Post reports that ABC sold the long-running shows to Prospect Park, an entertainment company run by Rich Frank, a former Disney Studios chairman, and Jeff Kwatinetz, the former CEO of a talent management company called The Firm.

The Post says Prospect Park will continue the shows where they left off. Prospect Park will also be in charge of the cast and crew of the tv shows. It is not clear how big of a budget will remain for the shows. An L.A. Times story says soaps can cost as much as $50 million a year to produce. The L.A. Times says the shows reached 2.5 million viewers on television, which may be difficult to achieve online. However, die-hard soap fans can likely be counted on to watch the shows online.

Photo: ABC