According to multiple sources, Prospect Park has entered preliminary talks with the Writers Guild of America (WGA) concerning their planned continuations of All My Children and One Life to Live.
"I wouldn't call them negotiations yet, but overtures were made," says one insider. "They [Prospect Park] are anxious to make a deal soon."
As previously reported, Disney-ABC extended the production company's deadline to relaunch AMC and OLTL. They now have until the end of February 2013 to finalize their plans.
"Once Prospect Park began to survey the pool of financial core writers available to them, they realized there were slim pickings," explains a source close to the situation.
Considering it is the Winter Holiday season, don't expect a deal to be made until after the first of the year. Keep checking back with Daytime Confidential as this story continues to develop!