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Prospect Park (production company)

From Wikipedia, in a visual modern way
Prospect Park
GenreTelevision production company, music management, record label
Founded2008
FounderRichard H. Frank, Jeff Kwatinetz, Peter Katsis
HeadquartersLos Angeles, California, United States

Prospect Park is a Hollywood entertainment production company, founded in 2008 by Richard H. Frank, a former executive at the Walt Disney Television, and Jeff Kwatinetz, former CEO of the talent agency The Firm, Inc.,[1] and music manager Peter Katsis. Based in Century City, California, and embodies three distinct business units: music management, television production, and a record label. On May 3, 2011, former ABC executive Josh Barry joined the company to lead the production company.

The production company produced USA Network television series Royal Pains, as well as the FX Network series Wilfred and the WGN America series, Salem. The music division is divided into the management department, which guides the careers of music artists, and Prospect Park Records, an independent record label which has served as the label home to artists such as Five Finger Death Punch, Korn, and Mindset Evolution. In 2014, it added British chart toppers You Me at Six and New York rapper Azealia Banks to its roster.[2][3]

In 2013, Prospect Park launched its own web channel, The Online Network, with revivals of the long-running daytime soap operas One Life to Live and All My Children. Later that year it filed a lawsuit against ABC, the licensee of those series, and the Prospect Park Networks division filed for Chapter 11 bankruptcy in 2014. The production and music divisions remained unaffected, and in 2015 were positioned as subordinate entities to a reactivated The Firm, Inc.

Discover more about Prospect Park (production company) related topics

Richard H. Frank

Richard H. Frank

Richard H. Frank is an American entertainment executive who served chairman of Walt Disney Television and Telecommunications and as president of the Disney Studios.

Jeff Kwatinetz

Jeff Kwatinetz

Jeff Kwatinetz is an American entertainment industry executive. He is the former CEO of the Firm, Inc., a media production and talent management company in Santa Monica, California, and current COO of Cube Vision, the film and television production company he runs with his long-term partner Ice Cube. He is also the co-founder of Big3, a 3 on 3 professional basketball league.

Peter Katsis

Peter Katsis

Peter Katsis is an American music manager. He co-founded the management and production company Prospect Park, and was a founding partner of The Firm.

American Broadcasting Company

American Broadcasting Company

The American Broadcasting Company (ABC) is an American commercial broadcast television network. It is the flagship property of the Disney Entertainment division of The Walt Disney Company. The network is headquartered in Burbank, California, on Riverside Drive, directly across the street from Walt Disney Studios and adjacent to the Roy E. Disney Animation Building. The network's secondary offices, and headquarters of its news division, are in New York City, at its broadcast center at 77 West 66th Street on the Upper West Side of Manhattan.

Royal Pains

Royal Pains

Royal Pains is an American comedy-drama television series that ran on the USA Network from 2009 to 2016. The series was based in part on actual concierge medicine practices of independent doctors and companies. The cast of the show included Mark Feuerstein, Paulo Costanzo, Reshma Shetty, Brooke D'Orsay, Ben Shenkman, Jill Flint, and Campbell Scott.

Salem (TV series)

Salem (TV series)

Salem is an American supernatural horror television series created by Brannon Braga and Adam Simon, loosely inspired by the real Salem witch trials in the 17th century.

Five Finger Death Punch

Five Finger Death Punch

Five Finger Death Punch, also abbreviated as 5FDP or FFDP, is an American heavy metal band from Las Vegas, Nevada, formed in 2005. The band originally consisted of vocalist and keyboardist Ivan Moody, rhythm guitarist Zoltan Bathory, lead guitarist Caleb Andrew Bingham, bassist Matt Snell, and drummer Jeremy Spencer. Bingham was replaced by guitarist Darrell Roberts in 2006, who was then replaced by Jason Hook in 2009. Bassist Matt Snell departed from the band in 2010, and was replaced by Chris Kael in 2011. Spencer then departed the band in 2018 due to recurring back issues, and was replaced by Charlie Engen, making rhythm guitarist Bathory the only remaining founding member of the band. In October 2020, British guitarist Andy James became the band's lead guitarist, replacing Jason Hook.

Korn

Korn

Korn is an American nu metal band from Bakersfield, California, formed in 1993. The band is notable for pioneering the nu metal genre and bringing it into the mainstream.

Mindset Evolution

Mindset Evolution

Mindset Evolution is an American hard rock band from Peoria, Illinois founded in 2005. The group released 3 albums independently prior to the success of the self-titled 2012 EP that gained the attention of Prospect Park who signed the band that year. In 2013 they released their first national effort Brave Bold & Broken. The current members are Rob Ulrich (Vocals), Josh Bodeen, Zakk Burke (Drums) Brendan Summers, and Tim Chapai (guitar)

Azealia Banks

Azealia Banks

Azealia Amanda Banks is an American rapper, singer and songwriter. Raised in the Harlem neighborhood of New York City, she began releasing music through Myspace in 2008 before being signed to XL Recordings at age 18. In 2011, her debut single "212" went viral and entered several international charts. She subsequently signed with Interscope and Polydor Records before later separating in July 2013.

One Life to Live

One Life to Live

One Life to Live is an American soap opera broadcast on the ABC television network for more than 43 years, from July 15, 1968, to January 13, 2012, and then on the internet as a web series on Hulu and iTunes via Prospect Park from April 29 to August 19, 2013. Created by Agnes Nixon, the series was the first daytime drama to primarily feature ethnically and socioeconomically diverse characters and consistently emphasize social issues. One Life to Live was expanded from 30 minutes to 45 minutes on July 26, 1976, and then to an hour on January 16, 1978.

All My Children

All My Children

All My Children is an American television soap opera that aired on ABC from January 5, 1970, to September 23, 2011, and on The Online Network (TOLN) from April 29 to September 2, 2013, via Hulu, Hulu Plus, and iTunes.

The Online Network

On July 7, 2011, ABC announced the licensing of its soaps to Prospect Park, who intended to continue production of the shows in a new paid online TV and interactive media network.[4]

On September 27, 2011, Prospect Park announced that it would produce new episodes of the two daytime soap operas, which would air on its new Internet channel starting in January 2012.[5][6]

On November 10, 2011, it was announced that the relaunch of All My Children had been indefinitely delayed and that Prospect Park would focus solely on the relaunch of One Life to Live.[7][8] On November 23, 2011, Prospect Park suspended its plans altogether to launch an online channel with All My Children and One Life to Live.[9] A year later, it was announced the plans were revived.[10]

On January 7, 2013, it was confirmed via press release that Prospect Park's The Online Network would launch and that All My Children and One Life to Live would serve as anchor programming. Production of the shows resumed on February 25, 2013.[11][12] The soap operas premiered with new 30 minute episodes on Hulu, Hulu Plus and iTunes on April 29, 2013.[11] TOLN also produced a series of behind the scenes promotional "episodes" called MORE All My Children and MORE One Life to Live,[13][14] as well as a radio talk show centered on the programs, called TOLN SOAPS Live with Michael Fairman.[15]

Litigation and bankruptcy

On April 18, 2013, Prospect Park filed a $25 million lawsuit against ABC over One Life to Live, alleging ABC failed to honor its part of the licensing agreement. Among the issues named in the lawsuit are allegations of ABC's attempts to sabotage Prospect Park's revival of the soaps by killing off One Life to Live characters loaned to General Hospital, failure on ABC's part to consult Prospect Park on storylines involving One Life to Live characters, and claiming that one One Life to Live character was actually a General Hospital character.[16]

On June 6, 2013, production of both shows was halted due to a labor dispute with the International Alliance of Theatrical Stage Employees labor union, which was resolved two months later.[17] On September 3, 2013, Prospect Park announced production of All My Children and One Life to Live would be suspended until the lawsuit with ABC was resolved.[18] On November 11, 2013, several All My Children cast members announced that Prospect Park had closed production and canceled the series again.[19][20]

On March 10, 2014, Prospect Park Networks announced that it had filed for Chapter 11 bankruptcy protection while it continued its lawsuit against ABC.[21] ABC subsequently filed a countersuit seeking unpaid licensing fees.[22] TOLN was dissolved later that year. The Firm, Inc. was reactivated in August 2015, with Prospect Park Productions as a subordinate entity continuing to produce its series, including Royal Pains and Salem, and the music divisions similarly unaffected.[23][24][25]

ABC's countersuit was dismissed in October 2016, and Prospect Park's lawsuit was dismissed in December 2016, with the rights to All My Children and One Life to Live reverting to ABC.[26]

Source: "Prospect Park (production company)", Wikipedia, Wikimedia Foundation, (2022, December 1st), https://en.wikipedia.org/wiki/Prospect_Park_(production_company).

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Further Reading

All My Children

Erika Slezak

One Life to Live

General Hospital

Soapnet

Hillary B. Smith

The Firm, Inc.

Cutter Wentworth

Days of Our Lives

Katie (talk show)

Josh Kelly (actor)
References
  1. ^ Waxman, Sharon (March 19, 2004). "Leading Hollywood Talent and Marketing Companies Merge". New York Times.
  2. ^ "Prospect Park Signs #1 U.K. Band You Me At Six - AllAccess.com". AllAccess.com. 2014-02-05. Retrieved 2014-11-25.
  3. ^ "Prospect Park's Splinter: Where Azealia Banks, Backstreet Boys and Korn Have Landed". Billboard.
  4. ^ Eng, Joyce (July 7, 2011). "ABC's Canceled Soaps Will Live Again Online". TV Guide. Retrieved July 7, 2011.
  5. ^ Potts, Kimberly (September 28, 2011). "New Episodes of All My Children Will Premiere Online in January". Reuters. Retrieved October 6, 2011.
  6. ^ Barnes, Brooks (October 5, 2011). "Rebirth for Soap Operas, and a Career". The New York Times. Retrieved September 12, 2015.
  7. ^ "Soap News - Previews | ABC Soaps - Soaps In Depth". ABC Soaps In Depth. November 10, 2011. Retrieved December 17, 2012.
  8. ^ Weisman, Jon (November 10, 2011). "All My Children online reboot in holding pattern". Variety. Retrieved December 4, 2016.
  9. ^ Andreeva, Nellie (November 23, 2011). "It's Official: One Life To Live And All My Children Won't Continue Online". Deadline Hollywood. Retrieved December 17, 2012.
  10. ^ Andreeva, Nellie (December 17, 2012). "HOLIDAY MIRACLE: Prospect Park Back On Track To Revive All My Children & One Life To Live After Deals With SAG-AFTRA & DGA". Deadline Hollywood. Retrieved December 4, 2016.
  11. ^ a b Barnert, Deanna (2013-03-05). "AMC and OLTL casts revealed at photo shoot". MSN. Archived from the original on March 5, 2013. Retrieved October 14, 2019.
  12. ^ Andreeva, Nellie (2013-01-07). "Prospect Park Confirms All My Children & One Life To Live Revivals, Production To Begin In February".
  13. ^ "More One Life to Live and More All My Children Premiere". Daytime Confidential. Archived from the original on 2013-08-23. Retrieved 2014-04-20.
  14. ^ "Prospect Park Cuts New Episodes of All My Children and One Life to Live to Two a Week!". Daytime Confidential. Archived from the original on 2014-02-17. Retrieved 2014-04-20.
  15. ^ "TOLN Soaps Live with Michael Fairman". BlogTalkRadio. Retrieved 2014-04-20.
  16. ^ LEGAL SOAP OPERA UPDATE: ABC Calls $25M Prospect Park Suit “Baseless” Deadline Hollywood, April 23, 2013
  17. ^ Prospect Park Halts Production to Soap Operas Over Union Dispute Enstars, June 6, 2013
  18. ^ James, Meg (September 3, 2013). "Reviving canceled ABC soap operas becomes a real-life drama". Los Angeles Times. Retrieved January 27, 2014.
  19. ^ Stanhope, Kate (November 11, 2013). "All My Children Dead (Again), Cast Members Say". TV Guide. Retrieved November 11, 2013.
  20. ^ "'All My Children' Canceled: Online Soap Not Returning". Huffington Post. November 12, 2013. Retrieved November 12, 2013.
  21. ^ James, Meg (March 10, 2014). "Soap opera producer Prospect Park files for bankruptcy protection". Los Angeles Times. Retrieved November 5, 2014.
  22. ^ Kaplan, Jared (March 12, 2014). "ABC Countersues Prospect Park Networks!". Soap Opera Network. Retrieved December 4, 2016.
  23. ^ Andreva, Nellie (August 7, 2015). "Jeff Kwatinetz To Relaunch The Firm Management & Production Company". Deadline Hollywood. Retrieved 9 September 2015.
  24. ^ Fleming, Michael (November 6, 2008). "Jeff Kwatinetz resigns from the Firm". Variety. Retrieved 9 September 2015.
  25. ^ Billboard Staff (August 7, 2015). "Jeff Kwatinetz Revives the Firm". Billboard. Retrieved 11 September 2015.
  26. ^ Lewis, Errol (December 2, 2016). "Rights to All My Children and One Life to Live Revert Back to ABC". Soap Opera Network. Retrieved December 4, 2016.
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