‘All My Children’ and ‘One Life to Live’ Could Relaunch in January

DEAL OF THE WEEK: How the Plan to Move Soaps Online Unraveled

Rick Roswell/ABC/Getty Images

Soap opera fans may soon see a return of defunct series All My Children and One Life to Live.

The ABC daytime dramas, both canceled in 2011 before a deal with Prospect Park unsuccessfully tried to revive them online, may find another life on the web after all -- and production could begin as early as January.

PHOTOS: 'All My Children': Famous Alums of ABC's Daytime Drama

The Hollywood Reporter has learned that SAG-AFTRA and Prospect Park (the production company behind Wilfred and Royal Pains) have reached a deal that could bring both canceled series back -- online. THR has also learned that Prospect Park is in talks with the DGA and the WGA.

The news comes comes on the heels of Prospect Park co-founder Jeff Kwatinetz taking meetings with guilds, actors and managers for some time now in an effort to revive the pair of beloved soaps.

Prospect Park made its licensing deal with ABC in July 2011, shortly before both series went off the air, and had planned to relaunch both online (with much of the casts intact) in early 2012. Those original plans officially fell through in November of last year.

PHOTOS: Daytime Emmy Awards Red Carpet Arrivals

The company did not have a comment on a plan to revive the series, but there are currently discussions with actors from both All My Children and One Life to Live to return for the new venture. 

Details on which cast members are attached to their old series at this time are unclear, but One Life to Live stars Kassie DePaiva, Roger Howarth, Michael Easton and Kristen Alderson have all reprised the characters on episodes of ABC's General Hospital.

In the wake of the two series' cancelations, all four of the broadcast networks' remaining soap operas -- General Hospital, Days of Our Lives, The Young and the Restless, The Bold and the Beautiful -- have enjoyed ratings growth.

Prospect Park declined comment.

Lesley Goldberg , Michael O'Connell