Nighttime repeats were invaluable when daytime programming was pre-empted due to local news stories and politics.
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It's not a FiOS thing, the channel itself has ceased production. FiOS sent messages about it to our DVR/STB a couple weeks ago.
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SoapNet has shut down its operations. ABC/Disney owned the channel, and wanted to reuse that channel for other purposes.
This plan had been in the works for a couple of years.
Thanks for the explanation! I did not know.