Fancast's Sara Bibel Weighs In on Disney Axing SOAPnet

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Fancast'sSara Bibel gives her on-the-money thoughts on Disney's decision to give SOAPnet the heave-ho in 2012.

The ramifications for daytime television are huge. Not only does this remove Disney’s incentive to keep all three of ABC’s soaps on the air to provide programming for the network,it removes a revenue stream for the Sony-produced ‘Days of Our Lives‘ and ‘The Young & The Restless‘ which also air on the network. That hurts their bottom lines. It is unlikely that other cable channels will pick up the shows. Actors and writers for all five soaps will no longer receive residuals for the SoapNet airings, slightly lowering their salaries.

Read more of the former Daytime Emmy-award winning insider's piece here.