The Disney Corporation, which owns ABC, announced today that they are killing their SoapNet channel and replacing it with a channel for youngsters.
SoapNet airs reruns of ABC soaps and dramas like "Beverly Hills 90210" and "Gilmore Girls," and also a relatively popular original scripted series called "Being Erica," which was just renewed for a third season.
SoapNet will be replaced with Disney Junior, a network featuring 24-hour programming for kids aged 2-7.
Disney said when SoapNet was launched it was to provide soaps on a time-shift so that people could watch them at night, but DVRs have made such viewing much easier.
The change will take place January of 2012.