The Story Continues: ABC Countersues Prospect Park

ABC Logo
ABC Logo

ABC is determined to get what is owed to them. The alphabet network issued a cross-complaint suit against Prospect Park, Deadline reports, and the network claims it is entitled to over $145 million in payments, but only was paid for the first few seasons of the “All My Children” and “One Life to Live” reboots.

Recently, Prospect Park announced that it would file a Chapter 11 bankruptcy, and owed ABC $1.7 million. Also, the online network still owes fees and payments to some of its “OLTL” stars, including Erika Slezak, who played matriarch Victoria Lord. ABC is seeking legal fees, post and pre-judgment interest, and compensatory damages from Prospect Park. A spokesperson released a statement:

“We value the history and the legacy of both All My Children and One Life To Live. They are television institutions. Prospect Park has the exclusive rights to these programs. It was their decision to discontinue producing new episodes online thereby disappointing fans. Prospect Park has not honored their agreement with ABC.”

ABC tried to fight Prospect Park’s amended suit, only for it to be denied on February 10th. Prospect Park originally filed their complain in April of last year seeking $30 million from out of pocket loss and $95 million in lost profits. Prospect Park also claimed that ABC took characters from “OLTL” and killed them off on “General Hospital” while they were on loan, and ruined chances of having “AMC” and “OLTL” continue online.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.