TRAGEDY: ABC cancels both AMC and OLTL

Terrible breaking news to report: ABC announced Thursday that it is cancelling both AMC and OLTL from its daytime lineup, leaving it as a one-soap network with only GH remaining in tact.

Daytime Confidential is reporting that AMC will wrap in September 2011, to be replaced by "The Chew," a food/cooking show. OLTL will conclude in January 2012, to be replaced by "The Revolution," a health & lifestyle transformation show.

The entire press release from ABC Daytime's boob-in chief Brian Frons is available at the Daytime Confidential link above.

Obviously we at soaphunks.net are just sick about this, as we will be left with only four soaps in all of daytime (GH, DAYS, Y&R, and B&B). Of particular sadness to me is the OLTL cancellation, because that was MY soap, not to mention by far the hunkiest soap currently out there.

Sorry, folks. :(