[source] Short version is ION will begin airing Flashpoint in two hour blocks beginning Tuesday, October 18 at 10pm ET/PT with new original episodes. They've also acquired the rights to all existing episodes, as well as future episodes.
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Full press release )
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The source article says Flashpoint "...averaged a 1.1 rating in the 18-49 demographic and 6.25 million viewers on CBS. That made it the weakest original programming on the network."
CBS seems to have been using it as gap filler whenever they wanted, but apparently they'd rather have the time slot to try out other shows. They've got a lot of well-performing shows, so Flashpoint took the hit.
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