Finally ABC has reportedly responded in court for the first time to the $95 million lawsuit by Prospect Park that alleges the network of sabotaging the online relaunch of One Life to Live and All My Children.
According to an item in The Hollywood Reporter, ABC’s first order of business is to make sure that Prospect Park can’t extend their rights to the two soaps!
As you will recall, Prospect Park is seeking $95 million in damages, and according to the wording in THR,“a declaration that Prospect Park’s continued payment of the licensing fees under the Agreement is excused; that Prospect Park is entitled to an extension of the License Agreement; and that the term of the License Agreement is tolled, from the time of ABC’s breach until the breach is fully remedied.”
A representative for ABC television network, Susan Klein at Valle Makoff, wants the lawsuit ridded of a license extension demand. According to ABC, “The license agreement allows Prospect Park rights on the soaps for up to 15 seasons of 12 calendar months each unless Prospect ceases production for 18 consecutive months. In that case, rights would revert back to ABC. A relaunched version of OLTL was suspended last September, giving Prospect Park roughly until March 2015 to pick it up again. That is, unless the license agreement is tolled. It’s also possible that a trial could take place before that time anyway.”
In addition, in regards to the key part in the lawsuit for the usage of One Life to Live characters on General Hospital, according to THR via court papers, ABC is saying that Prospect Park did not complain while ABC used the OLTL characters throughout 2012, says ABC’s legal papers. “To the contrary, Prospect Park exercised its Option for both OLTL and AMC in December 2012, and the parties subsequently entered into two additional amendments to the License Agreement, which each extended Prospect Park’s time to begin production of the shows and gave ABC continuing use of the OLTL characters on General Hospital.”
So, what do you hope happens now from the lawsuit? Are you hoping that ABC can retain the rights to All My Children and One Life to Live with hope they will bring them back to the network? Or, if they got them back, what do you think they would do with them? Try to license it to another party? Or would they do nothing with the property? Or, do you hope Prospect Park can remount the shows before March of 2015? Weigh-in!