Network television might not be the safest place for daily serialzed dramas—or their fans— anymore, but it looks like our dreams of cable stepping up to the plate to save our suds may finally be starting to come true. New York Daily News is reporting TeenNick will be trying out the telenovela format for the upcoming 10th season of Degrassi: The Next Generation.

The network will air half-hour versions of the teen drama 8 p.m. Monday through Thursday for six weeks, Nickelodeon President Cyma Zarghami told the Daily News Thursday.

"We're making additional episodes, a little more in the telenovela format, a little bit faster, cheaper and more efficient," Zarghami said. "It will be, I think, a big success."

Hollywood's biggest night gifted America's Sweetheart Sandra Bullock and comedian Mo'Nique with the coveted Oscar for their roles inThe Blind Side and Precious. The two evening's eventual winners were joined on the red carpet by some of film's newest starlets Kristen Stewart, Amanda Seyfried and Miley Cyrus and veterans Meryl Streep, Kate Winslet, Sigourney Weaver and Demi Moore. See more photos from the 82nd Annual Academy Awards after the jump and check out Mel's Oscars Live Blog for anything you may have missed!

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Three million Cablevision customers in New York, New Jersey and Connecticut could soon be without ABC's Channel 7, thanks to a messy financial dispute between Cablevision and the Disney-ABC Television Group over retransmission fees. Currently, ABC7 is reportedly offered for free, however the affiliate has asked Cablevision to start paying for their signal, a request which Cablevision has reportedly balked at. ABC has given Cablevision until March 7 to reach a deal, or it is set to pull its signal on March 8.

"Year after year, ABC7 is the most watched station in New York—and the country. ‬‪Unfortunately, as of March 7, ABC7 may no longer be carried on Cablevision systems in Long Island, Westchester, Brooklyn, the Bronx and selected suburbs of Connecticut and New Jersey," said Rebecca Campbell, president and general manager of ABC7 in a press release. "‬‪‬‪For the past two years ABC7 has tried, without success, to reach an agreement with Cablevision to carry ABC7. Why? Because Cablevision’s position is that ABC7 is worth little to nothing to its business and its proposed offers have been consistently unreasonable and unrealistic.‬‪ And that’s a shame. "

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Shout out to All My Children's Debbi Morgan and Cornelius Smith, Jr. who took home NAACP Image Awards this past Friday. Morgan and Smith, Jr. were in the company of Gabourey Sidibe who won Best Lead Actress for Precious and Shonda Rimes, who won for Best Writing in Drama Series for Grey's Anatomy. See more pics from the event after the jump.

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The forbidden love of Christian and Olli, from German sudser Verbotene Liebe is coming to America. According to The Hollywood Reporter,  former HBO vice-president Sam Martin has secured the rights to the storyline revolving around a gay couple in Dusseldorf. Martin plans to Americanize Christian and Olli  with a setting in Portland, Oregon. READ MORE

Former General Hospital star Coltin Scott Stephen Martines (ex-Nikolas) is joining The CW's Vampire Diaries in a recurring role as a "bad-ass" vampire Frederick, according to The Hollywood Reporter.

Uh oh! The View's Sherri Shepherd is in hot water and this time its with her ex-husband. In an exclusive with RadarOnline.com, Jeff Tarpley, Shepherd's ex has written an open letter about the ABC gab queen's habit of constantly using their divorce—and what led up to it— as material for discussions on The View, her self-titled Lifetime sitcom and for her stand-up comedy act. In the letter Tarpley says,

Having a relationship and children with a person in the limelight— someone who gets to express her thoughts, beliefs, opinions and grievances to the world on a daily basis — is not an easy proposition.

Sherri Shepherd, to whom I was married for 8 years and have an amazing son with, has openly discussed and distorted details of our marriage for close to six years following our break-up. To this very day, my name is consistently dragged through the mud at her every opportunity. Sherri, don't you think it's time to move on?

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The most soaptastic novelist since God wrote the bible, Jackie Collins is releasing her 27th book in the United States today, and to say I am a little excited would be like saying CBS is a little trigger happy when it comes to cancelling soap operas! 

Collins' latest bonkbuster, hilariously-entitled Poor Little Bitch Girl, revisits the world of the unstoppable Santangelo crime family. Only this time it isn't lady boss Lucky Santangelo—my favorite female fiction character ever—who's the center of attention, it's Lucky's son Bobby Santangelo Stanislopolous, son of late billionaire shipping magnate Dimitri Stanislopolous, and Lucky's wild child daughter Maria "Max" Golden, who sex and scandalize their way through the pages of what is sure to be another raunchy Collins scorcher.

Poor Little Bitch Girl introduces three new characters into the Santangelo universe—Annabelle, the daughter of Hollywood royalty, who runs a high-priced call-girl ring in New York with her cokehead boyfriend; Denver, a nymphomaniac attorney, who defends Annabelle's father when he is charged with the murder of Annabelle's mother and Carolyn, who's carrying on with a married senator. All three girls grew up with Lucky's son Bobby and share sordid pasts with the sex god. 

A friend bought the novel for me on pre-order, so it should be waiting on my doorstep when I get home. Let's just say if you hear about anyone getting mowed down on a dark, Southern street tonight it's because they got in my way on the drive home! After the jump, check out the splashy, retro opening from the hit 80's NBC miniseries Lucky Chances (which combined Collins' first two Santangelo novels), starring Nicollette Sheridan as Lucky, Vincent Irizarry as Gino, Eric Braeden as Dimitri, Leanne Hunley as Eden, Michael Nader as Enzio, Phil Morris as Steven, Grant Show as Marco and a young Sandra Bullock as Maria Santangelo. If Fronsie buys the distribution rights to Lucky Chances and puts it on SOAPnet I promise I will never break another ABC Daytime scandal again! (Fingers, toes and all other crossable parts crossed). READ MORE

Melrose Place is as good as canned, but could One Tree Hill be headed for SOAPnet if The CW doesn't renew it? According to Spoiler TV it may just happen.

One Tree Hill: There are some messy contracts and negotiations and it could go either way but even if renewed it will likely have budget cuts and maybe lose more cast members and producers. SOAPnet has the option of renewing it if the CW were to cancel it.

Fans can reportedly expect official renewal announcements for Gossip Girl, 90210, Smallville, Supernatural, America's Next Top Model and The Vampire Diaries later this month.

Photo Credit: The CW

It looks like we're one step closer to finding out whether or not the 37th Annual Daytime Emmy Awards will be seen on television. Associated Television International's James Romanovich revealed to On Air On Soap's Michael Fairman he has an offer to televise the telecast nationally! READ MORE