The only thing I remember about this show is that they spelled the name wrong and it aired in the dead of night and basically passed by people because of this. Seriously, this thing was beaten by informcials and wasn't really that funny. The only thing this show really has to offer is a very esoteric time capsule about how sometimes low-budgeted shows were made and lasted for a long time in syndication and this came at the very end of that era. Maybe it had a funny sketch but a decade later I can't remember a funny thing about it.
Another the name is quite a misnomer. It had nothing to do with satire of the news but rather was a loose name to bind together a bunch of loose and very forgettable skits. SheTV was a lot more interesting and it only lasted six episodes.