"All My Children" legend Susan Lucci talks about her memoir, "All My Life" on "Good Morning America," on the ABC Television Network. (ABC/Lou Rocco) SUSAN LUCCI

"All My Children" legend Susan Lucci talks about her memoir, "All My Life" on "Good Morning America," on the ABC Television Network. (ABC/Lou Rocco) SUSAN LUCCI

Can it be true? Yes, it is, All My Children will broadcast its final episode in September of 2011, while One Life to Love will check out in January of 2012.

ABC explained in a statement that they were “guided by extensive research into what today’s daytime viewers want and the changing pattern of the audience.” In short, soap operas are out.

The net plans to focus their two new replacement shows, The Chew and The Revolution, on “transformation, good and lifestyle – cornerstones of programming that resonates with daytime viewers as evidenced by the success of The View.”

Six-time Emmy-winner Erika Slezak from ABC's "One Life to Live" is surprised by the cast and crew with a celebration to mark her 40th anniversary playing Victoria Lord on "One Life to Live." (ABC/Heidi Gutman) ERIKA SLEZAK, RON CARLIVATI

Six-time Emmy-winner Erika Slezak from ABC's "One Life to Live" is surprised by the cast and crew with a celebration to mark her 40th anniversary playing Victoria Lord on "One Life to Live." (ABC/Heidi Gutman) ERIKA SLEZAK, RON CARLIVATI

The Chew will focus on food from every angle including as a source of joy, fitness and weight loss. The Revolution will be a daily show about health and lifestyle transformations.

Brian Frons, President, Daytime, Disney ABC/Television Group acknowledged how dramatic this turn of events is. “While we are excited about our new shows and the shift in our business, I can’t help but recognize how bittersweet the change is,” he begins adding, “We are taking this bold step to expand our business because viewers are looking for different types of programming these days.”

General Hospital, also a daytime staple on ABC, dodged the bullet and will remain on the schedule…for now.

All My Children debuted January 5th, 1970, while One Life to Live hit the air July 15th, 1968.