Prospect Park Files For Bankruptcy

Prospectparklogo

In a move that should come as no surprise, Prospect Park Networks has announced that it is filing for Chapter 11 bankruptcy protection. After ceasing production on the on-line versions of ALL MY CHILDREN and ONE LIFE TO LIVE last summer, PPN entered into a lawsuit with ABC regarding the rights to the soaps, but in a statement they declared "The Chapter 11 filing in no way impacts PPN's litigation against the American Broadcasting Companies, Inc." So it would seem this continuing drama isn't quite over yet.

Keep up with your fave celebs in the pages of ABC Soaps In Depth by subscribing now!