All My Children and One Life To Live Online Projects Get Scrapped

We all thought for sure that “All My Children” was going to be “Online My Children”, along with “One Life to Live”.  As with most projects that go in the crapper, money was the issue.  Prospect Park, the company that was supposed to take over both shows, suspended its plans.

Rich Frank and Jeff Kwatinetz (both from Prospect Park) mentioned that “mounting issues” made it impossible to meet timing demands.  They released a statement,

“[W]e 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. We believe we exhausted all reasonable options apparent to us, but despite enormous personal, as well as financial cost to ourselves, we failed to find a solution.”

It sounds like bringing the project online was not as profitable as originally thought and Prospect Park was working to see what can be done to increase margins.

While we narrowed in on a financial infrastructure, the contractual demands of the guilds, which regulate our industry, coupled with the program’s inherent economic challenges ultimately led to this final decision, In the end, the constraints of the current marketplace, including the evolution and impact of new media on our industry simply proved too great a match for even our passion.”

This will leave only four soap operas left: Young and the Restless, Day’s of Our lives, General Hospital & Bold and the Beautiful.

If I was Oprah , this is the point where I would swoop in with my pocket book and snatch up these two morsels that have built in Oprah fan bases.   Remember, promos for her show ran during these two shows for 25 years.  They are ripe for the picking.

With increasing costs for writers, less women staying home, and the low production cost of shows like “The Talk” and “The View”, I wouldn’t fall in love with any Soap at this time. It could be gone tomorrow.

-COSMO