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Richard Frank

With "One Life to Live" up for Outstanding Drama Series during the 41st Annual Daytime Emmy Awards, it was no surprise to see Prospect Park founder Richard Frank and his wife, "All My Children" and "One Life to Live's" "More" show host Leslie Miller, on the red carpet.

The war between ABC and Prospect Park Networks over "One Life to Live" and "All My Children" continues to rage on, but today Prospect Park Networks took an expected step: filing for Chapter 11 bankruptcy.

The drama just never stops for Prospect Park’s “All My Children” and “One Life to Live,” with the latest shocking news regarding the online sudsers coming from the L.A. Times. According to the publication, Prospect Park is shelving ‘One Life to Live’ until the lawsuit it launched against ABC in April is resolved. Additionally, the company will focus on producing “AMC,” with writers having already started work on scripts for the second season of the show.

As the old saying goes, a happy employee is a productive employee. And that must be a mantra Prospect Park believes in. According to the actors who have signed on to the serial dramas, “All My Children” and “One Life to Live,” the production company — headed by Jeff Kwatinetz and Richard Frank — has batted a thousand when it comes to being respectfully in charge. And the end result, as the performers preview, is pure magic.
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