Although the likelihood was expected thanks to the loss of long-time soaps "All My Children" and "One Life to Live" in 2011 and 2012, which were preceded by the departures of "Guiding Light" and "As The World Turns" in 2009 and 2010, news broke on Thursday, March 22 that after 22 years in publication Soap Opera Weekly would end its successful run as one of the premier soap opera magazines. The final decision to end the mag was just one of many blows the soap opera industry has felt in as many years. Soap Opera Network takes a by the numbers look at Weekly and how its readership levels helped lead to its ultimate demise.

In a story we had been following since it was first reported last April that Soap Opera Weekly and Soap Opera Digest magazines would fall under the umbrella of American Media, publishers of such mags as Star and TV Guide, Soap Opera Network has learned that after 22 years Soap Opera Weekly (launched in November 1989) will be shuttered and its April 10, 2012 issue will be its last.

After a number of years being relegated to the 11:00 PM time slot (outside of the primetime hours of 8:00 to 11:00 PM), SOAPnet's same day re-airings of NBC's "Days of our Lives" are about to replace ABC's canceled "All My Children" in the 8:00 PM ET/PT slot after the latter soap goes off the air on Friday, September 23.

Because we were working overtime trying to get the re-designed website up while also transferring servers, we didn't get a chance to report on this. For those who may have missed out on it all, E! is debuting a new reality series that actually covers the behind the scenes lives of some of your favorite soap stars for a change and not those "Real Housewives" we've gotten bored with from network sibling Bravo.

On Thursday, May 12, Soap Opera Network broke news when we reported that layoffs occurred earlier this week at Soap Opera Digest and Soap Opera Weekly after American Media, Inc. officially took over editorial, advertising, marketing and distribution control of both publications from Source Interlink Companies, which retains ownership of both titles. Now comes word that Lynn Leahey, Editorial Director of both magazines along with lesser known title Pixie, is stepping down. We're told it was her decision.

Children of "General Hospital" creators Frank and Doris Hursley sue ABC for "breach of contract." Find out all the deets!

TV Guide.com and TV Guide Magazine appear to have reconciled as the two became one once again on Tuesday, June 1.

After 72 years on air between radio and television, CBS's "Guiding Light" will cease broadcasting on the CBS Television Network due to low ratings. Love may save the world, but apparently it wasn't enough to save television's longest running daytime drama. Even with having its name published in the Guinness World Record Book and winning three Daytime Emmy's for Best Drama Series (the most recent being in 2007), "GL" found itself unable to withstand the mass exodus of viewers from the traditional daytime soap format in recent years.

"The Young and the Restless" Swings the Axe!

EXCLUSIVE: Soap Opera Network has learned the names of soap opera writers who declared “Financial Core” status to keep on working during the strike. By going “Fi-Core,” these writers can never be members of the WGA again but they continue to pay reduced union dues and the Guild is obligated to continue providing services such health insurance, pension and residuals. Though they can still work on Guild projects, Guild members will not be keen to hire them.

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