Today's News: Our Take - Prospect Sues ABC Over All My Children, One Life to Live Licensing
Prospect Park, which will launch both soaps online via Hulu and iTunes on Monday, April 29, has filed a breach of contract lawsuit against ABC, the network that licensed the rights to the company, Deadline.com reports. In the complaint, Prospect Park claims ABC has been sabotaging their plans to bring the soaps online by breaking the licensing agreement.
"These shows will go forward, and Prospect will address its rights in court," read the filing. "Regardless of how successful Prospect may be, the fact remains that ABC did not deliver what it promised, Prospect did not get what it paid for, and Prospect is now entitled to recover millions of dollars in damages for ABC's egregious conduct." Prospect Park is seeking monetary damages of at least $25 million.
The news comes on the heels of ABC announcing that One Life to Live's Kristen Alderson, Michael Easton and Roger Howarth would all return to General Hospital, which has reportedly caused some tension between the network and Prospect Park.
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