HUGE news for All My Children and One Life to Live fans.  ABC has licensed the two programs to Prospect Park, a media and production company. This exclusive, multi-year, multi-format deal will allow for the stories of Pine Valley and Llanview to continue after the AMC and OLTL finales (set for September 23 and January 2012, respectively).

The licensing agreement, brokered by Disney/ABC Domestic Television Group, enables Prospect Park to continue production of All My Children and One Life to Live beyond their life on ABC. Prospect Park will produce and deliver the two long-running programs to consumers via online formats and additional emerging platforms including internet-enabled television sets. Under the terms of the arrangement, the programs will continue to be delivered with the same quality and in the same format and length.  Additional details of the new productions and tune-in will be forthcoming from Prospect Park.

"We are privileged to continue the legacy of two of the greatest programs to air on daytime television, and are committed to delivering the storylines, characters and quality that audiences have come to love for over 40 years. All My Children and One Life to Live are television icons, and we are looking forward to providing anytime, anywhere viewing to their loyal community of millions," said Rich Frank and Jeff Kwatinetz of Prospect Park. Prospect Park has, along with successful film, development and music divisions, many breakout network hits airing, such as Royal Pains and Wilfred.

"All My Children and One Life to Live are iconic pieces of television history that captivated millions of fans since their beginning over 40 years ago," said Brian Frons, President, Daytime, Disney/ABC Television Group. "Each of the shows have made an indelible mark on our culture's history and informed our consciousness in their own way.  We are so glad Prospect Park has assumed the mantle for these shows and that they will continue for the fans."  

Agnes Nixon, the creator of both series, had this to add: "I'm just so happy that ABC found a home where the legacies of All My Children and One Life to Live can continue.  I'm excited for their future with Prospect Park. It takes a lot of living to make a soap opera a serial, and the wonderful teams on both shows have done just that. Together, we are a big family that keeps going, and I'm looking forward to working alongside these wonderful people as we ensure that the shows will continue with all the love and excitement we've always had.  I also am so happy for our loyal fans, whom we love so much, and who have been so supportive over the last 40-plus years."