Nellie Andreeva

UPDATED: Rich Frank & Jeff Kwatinetz’s Prospect Park, the company that announced several weeks ago that it has licensed canceled soaps One Live to Live and All My Children from ABC to continue producing them for online distribution, is finding just how hard is to transfer broadcast network series to the Web. The company just released a statement addressing some of the guild and union issues it faces in trying to continue to produce the two series for what I hear are target re-launch dates during Q1 of 2012. (All My Children will end its run on ABC on Sept. 23, One Life to Live in January 2012.) The statement was timed to coincide with the two soaps’ return from their planned hiatuses. With the casts and crews back to work, reps for Prospect Park have started to meet with casts and crews to discuss the move, with conversations with the guilds and unions involved also underway. (Unions, including AFTRA, also have been setting up meetings with current employees from the shows to advise them on the provisions of their current bargaining agreements.) Under the terms of the arrangement between Prospect Park and ABC, Prospect Park has committed to “continue to be delivered with the same quality and in the same format and length,” meaning that the company plans to deliver five broadcast-quality episodes a week each of One Life to Live and All My Children. Here is the statement:

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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