03/22/2011 at 06:00 PM EDT
All My Children
has been a daytime TV staple since 1970 – but has the show and its fictitious Pine Valley, Penn., setting outworn its welcome?
Rumors of cancellation are circling around the popular show that finally delivered Susan Lucci her Daytime Emmy. Various reports claim that ABC is considering reducing its afternoon drama lineup from three to two hours to make room for a new talk show, which could send AMC
to the chopping block.
But a rep for ABC Daytime shoots down the claims, telling PEOPLE in a statement, "The Deadline.com piece is just the latest story in a long line of stories about this same topic."
As of now, the rep adds, "There is no change for the current ABC daytime schedule."
Tell us what you think All My Children
's fate should be.