'All My Children,' 'One Life To Live' Both Canceled By Prospect Park, Series Dead

"All My Children" and "One Life To Live" are both dead, after all.

Following their cancellations by longtime network ABC in April, it was announced that internet distributor Prospect Park had licensed the rights to the shows and would continue them on a new online network. Now, Prospect Park is suspending their attempts to broadcast the shows, too.

"We believed the timing was right to launch an Online TV Network anchored by these two iconic soap operas," the company said in a statement, "but we always knew it would be an uphill battle to create something historical, and unfortunately we couldn't ultimately secure the backing and clear all the hurdles in time. We believe we exhausted all reasonable options apparent to us, but despite enormous personal, as well as financial cost to ourselves, we failed to find a solution."

Earlier in the month, Prospect Park announced that "All My Children," which ended its run on ABC in September, would not be continued, but "One Life To Live," which runs on ABC until January, would be launched following its televised end.

There were rumors that iconic "All My Children" star Susan Lucci was unwilling to continue with the show, leading to "AMC's" demise, but she quelled that talk with a Facebook post last week.

"This is simply untrue and not the case," she wrote. "We have been in discussions since Prospect Park first expressed interest in moving the series online, and in correspondence dated September 8th, I made it clear that I would be ecstatic to be a part of 'All My Children' in a prominent way if they committed to producing the series for another year."