Prospect Park confirms AMC and OLTL revivals

Soap opera fans rejoice! Prospect Park has announced that long-running soap operas "All My Children" and "One Life to Live" will return with new episodes on the company's The Online Network.

Prospect Park heads Jeff Kwatinetz and Rich Frank announced via press release that production on the two soap operas would resume in February 2013. Agnes Nixon, the creator of both "All My Children" and "One Life to Live," has joined with the production company in the revival and has a consulting agreement.

The confirmation of the soap operas' return -- which has been a possibility since Prospect Park gained the licenses for the shows in 2011 -- hinged on guild agreements, financing and the hiring of a production staff. The new press release makes it clear that all of these particular hurdles are in the past.

There is no word yet about whether or not the soaps' stars will return to the new productions. Similarly, the online site planning to air the two shows -- The Online Network -- currently consists only of a signup page so that fans can receive future updates.

The full press release from Prospect Park follows:

"We are pleased to confirm that Prospect Park is reviving the beloved soap operas, All My Children and One Life To Live as the anchor programs on The Online Network (TOLN). Today we are also pleased to confirm that Prospect Park has: 1) signed guild agreements with both SAG-AFTRA (Screen Actors Guild and the American Federation of Television and Radio Artists) and the DGA (Directors Guild of America); 2) entered into a consulting agreement with Agnes Nixon the creator of All My Children and One Life to Live guaranteeing her active involvement; 3) hired Foz McDermott (coordinating producer Heroes) as TOLN's head of production, Jennifer Pepperman (Director, One Life to Live) as Executive Producer on One Life to Live, and Ginger Smith (Producer, All My Children) as Executive Producer on All My Children; and 4) arranged the necessary financing to begin production in February on both All My Children and One Life To Live.

We thank the loyal audience and new generation of fans of both shows who have demonstrated that passion and exciting story lines are not just reserved for traditional television. Their enduring support encouraged us to move forward each and every day. We look forward to sharing more details including our launch air date and additional specifics in the coming weeks.

Please encourage fans to visit http://www.theonlinenetwork.com/ to subscribe to updates.

Thank you,

Jeff Kwatinetz and Rich Frank"