Despite the fact that Prospect Park announced that they were suspending their efforts to continue the ABC soaps online, they apparently haven’t given up on All My Children and One Life to Live quite yet.

According to Variety, Prospect Park principals Jeff Kwatinetz and Rich Frank are continuing to hold meetings and explore options. The discussions are considered to be preliminary but one of the options being looked at is bringing in an overseas firm and turn the shows into a co-production.

A deal like that might allow them to get around having to make expensive agreements with the unions which was believed to be a sticking point. It remains to be seen of course if the talent behind or in front of the cameras will agree to what they’re offered.

Though Prospect Park is far from making the online continuation a reality, the company has the rights to continue both soaps for one year after they’ve aired their ABC series finales — September 2012 for All My Children and January 2013 for One Life to Live.

Sources have indicated that the Prospect Park principals are still intent on resuscitating the soaps on the Internet. Their goal is to use them to serve as the anchors for a broader online-network.

What do you think? Do you think a deal could really work out? If you had to choose, which soap should survive — AMC or OLTL?

Image courtesy ABC.