Besides $95 million in damages, Prospect Park is also demanding "a declaration that Prospect Park's continued payment of the licensing fees under the Agreement is excused; that Prospect Park is entitled to an extension of the License Agreement; and that the term of the License Agreement is tolled, from the time of ABC's breach until the breach is fully remedied."
ABC wants the license extension demand removed from the lawsuit. According to ABC, the license agreement allows Prospect Park rights on the soaps for up to 15 seasons of 12 calendar months each unless Prospect ceases production for 18 consecutive months. In that case, rights would revert back to ABC.
Read the ABC motion here.
DAYTIME SOAP OPERAS