The Jargon File (version 4.4.7, 29 Dec 2003):
spoiler space [also spoiler spoo or spoiler protection] A screenful of blank or spacer lines deliberately inserted in a message following a spoiler warning, so the actual spoiler can't be seen without hitting a key. Formfeeds used to be used for this, but are now rare because so many people read news through Web interfaces on which they have no good interpretation.