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R.I.P. SoapNet!

Filed under: R.I.P.DisneyBusiness Blitz

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Sorry, all of you Dynasty re-run addicts! It's time to say good-bye!

In a surprise move, Disney is closing down shop on its SoapNet channel and launching the pre-school oriented Disney Junior channel in its place!

Anne Sweeney, co-chair of Disney Media Networks and president of Disney/ABC Television Group, announced:

"The decision to ultimately transition SoapNet to accomplish this was not arrived at lightly. SoapNet was created in 2000 to give daytime viewers the ability to watch time-shifted soaps, before multi-platform viewing and DVRs were part of our vocabulary. But today, as technology and our businesses evolve, it makes more sense to align this distribution with a preschool channel that builds on the core strengths of our company."

We wonder how this new channel will fare against the already established PBS Kids and Nick, Jr.!

What do U think?? Is Disney making a smart move replacing their soaps with more children's programming??

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