'All My Children' and 'One Life to Live' Canceled by ABC
ABC has pulled the plug on its long-running soaps 'All My Children' and 'One Life to Live.'

According to the network, the final episode of 'All My Children' will air this September. 'One Life to Live' will air through January 2012. The network will replace the soaps with two new shows, 'The Chew' and 'The Revolution.'

"'All My Children' and 'One Life to Live' are iconic pieces of television that have made an indelible mark on our culture's history," Brian Frons, president of daytime at Disney ABC/Television Group, said in a statement. "Each of the shows has touched millions and millions of viewers and informed the social consciousness. It has been a privilege to work with the extraordinary teams who brought the residents of Pine Valley and Llanview to life each day, and we thank the cast, crew, producers and most especially the fans for their commitment to the shows through their history."

TV Squad first reported the 'All My Children' cancellation rumors in March. The show has been the home to Susan Lucci and her classic character Erica Kane for more than 30 years.