A system and method is disclosed allowing a cable network provider to dynamically allocate a network resource, in the form of channel bandwidth, for conveying either analog or digital assets. Certain assets are distributed in a cable network in an analog manner but only during certain time periods. The network resources could be used for offering digital services at other times. A programmable RF switch allows network resources to be switched to convey digital assets when the analog channels are not required. The digital assets conveyed may comprise movies, games, or music and can be transferred during ‘off-hours’ for local storage in the set top box in anticipation of future requests by a user. When the asset is requested, the set top box first checks if the asset is locally available, and if so, spools it out locally.