The HeldenFiles Online
Plan for Online Versions of "One Life to Live," "All My Children" Fails
Deadline.com has the story here.
It quotes a statement from the company including this:
We believed the timing was right to launch an Online TV Network anchored by these two iconic soap operas, but we always knew it would be an uphill battle to create something historical, and unfortunately we couldn’t ultimately secure the backing and clear all the hurdles in time. We believe we exhausted all reasonable options apparent to us, but despite enormous personal, as well as financial cost to ourselves, we failed to find a solution.
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