Prospect Park closes financing for online revival of ABC soaps

Digital-bound soaps “One Life to Live” and “All My Children” are headed to Hulu and iTunes.

Ad-supported half-hour episodes will be available each weekday for free on Hulu.com, as well as on connected devices via subscription arm Hulu Plus.

Skeins were rescued from TV cancellation from shingle Prospect Park, which closed financing from private-equity firm ABRY Partners. Series are being produced under The Online Network (TOLN) banner.

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