David 07 Jul 2011 <if you can believe the NY Post> http://www.nypost.com/p/entertainment/tv/beloved_soap_operas_to_migrate_online_0DTvGjzzRJ4YLxlak0Z0GK Beloved soap operas to migrate online By CLAIRE ATKINSON "All My Children" and "One Life to Live" will live on on the Web. Disneys ABC has sold the online rights to the two long-running soaps, which are scheduled to go off the air in September, as part of a deal with TV, film and music company Prospect Park, The Post has learned. Sources said the daily dramas will pick up where they left off on a new, as-yet-unnamed, TV-focused online network once the soaps finish their four-decade run on ABC. Prospect Park, founded in 2008, is run by executives Rich Frank, a former Disney Studios boss, and Jeff Kwatinetz. Both are executive producers of USA Networks hit show, "Royal Pains." The firm will take charge of the same cast, crew and talent even soap star Susan Lucci as the villainous Erica Kane and continue the story lines. Prospect Park is said to be finalizing its current round of funding for its Hulu-style venture in the next month to 45 days. Other unnamed financial backers are involved. The financial terms couldnt be learned. The soaps are expected to be the first of a number of brand-name TV shows to eventually land at the site. News of the deal will be a huge relief to soap fans who have been campaigning for ABC to keep them on air. The broadcast network said in April it was dumping them for much less expensive, unscripted programs, "The Chew" and "Revolution." "All My Children" launched in 1970 and "One Life to Live" began life in 1968. A Disney spokesman didnt respond to a request for comment. Calls to Prospect Park were not returned.