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PROSPECT PARK FILES FOR BANKRUPTCY

Prospect Park Networks has filed for bankruptcy, Variety reports. The company behind 2013's online relaunch of ALL MY CHILDREN and ONE LIFE TO LIVE said in announcing the filing that the bankruptcy bid "in no way impacts PPN’s litigation” against ABC; the company is suing the network for upwards of $95 million related to its use of ONE LIFE TO LIVE characters on GENERAL HOSPITAL, among other points of legal contention.


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