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Update From Prospect Park on AMC/OLTL Move

AMC OLTL LARGE

Since the initial July 7 press release announcing the licensing agreement between ABC/Daytime and Prospect Park, very little details have emerged as to how Prospect Park intends to move ALL MY CHILDREN and ONE LIFE TO LIVE online. Soap Opera Weekly received the following from Prospect Park this afternoon: "The love and support for ALL MY CHILDREN and ONE LIFE TO LIVE is truly amazing. Since we announced our intention to work with the shows, the fan outreach we've experienced over the past few weeks further validates our decision to work to keep them going for years to come. However we also respect the organizations and processes that are in place so that all can apply their craft within the infrastructure that the entertainment industry has set, specifically in this case with the appropriate guilds and unions. We are in the process of working out the essential terms of our proposed collective bargaining agreements with the appropriate guilds and unions, which we must do prior to firming up deals with above-and below-the-line talent. We will provide updates as needed."

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