After months of fits and starts, production company Prospect Park formally announced on Monday that it will indeed relaunch the defunct ABC soap operas All My Children and One Life to Live, with production due to begin in February. The company said that it had signed deals with the actors' union SAG-AFTRA and the directors' DGA and had arranged the financing necessary to bring the two series to the Internet. In a statement, Prospect Park said, We thank the loyal audience and new generation of fans of both shows who have demonstrated that passion and exciting story lines are not just reserved for traditional television. Their enduring support encouraged us to move forward each and every day. We look forward to sharing more details including our launch air date and additional specifics in the coming weeks. Names of the actors who have agreed to return to the two series have not been released.