I think it was a mutual agreement on behalf of ABC Studios (Who produces OLTL), and Prospect Park. Production has completely wrapped up at ABC Studios in New York. One of the signs that points the show's cancellation is the death of Matthew Buchannan who died on Thanksgiving Eve. Matthew's parents are Bo and Nora Buchannan. And whenever OLTL ends, it won't be as tragic as the way its sister soap, "All My Children" ended, as its fans wanted to know, "Who did JR shot?"