What a terrible shock to read that he was let go. All Rights Reserved. Shepard Smith, who joined CNBC in summer 2020 after a long career as a Fox News anchor, will no longer appear on the financial news channel after the evening news program he anchors is. All Rights Reserved. Currently, he works for CNBC where he serves as a chief general news anchor. Inside His Job Shake-Up. Toggle primary navigation. What a blunder. Smith is leaving the network after his show concludes later this month. The network has said it is looking to find other jobs at the channel for the people who worked on the show. We need to further invest in business news content that provides our audiences actionable understanding of the complex developments in global markets and the implications on institutions, investors and individuals, Sullivans memo added. It also marked the first time the anchor had been the face of the show since his departure from Fox News. Related:John Avlon CNN Salary, Political Affiliation, Age, Height, Wife, Net Worth. If you need to cancel something I vote for Shark Tank. Yet another wrote, "Boo. . Too cut him without any notification to his viewers is not good for the station. BizPac Review is under attack by progressive Silicon Valley zealots. The News With Shepard Smith will air its last episode later in November. TOPIC FREQUENCY Cnbc 13 , U.s. 10 , Potter 7 , New York 6 , Nfl 5 , Ghislaine Maxwell 4 , Ukraine 4 , Us 4 , Johnson 4 , Crypto 4 , Taser 4 , Pfizer 4 , Shep 4 , Nato 4 , Cdc 3 , Shepard 3 , Epstein . A message that the network was looking to attract viewers beyond Wall Street. It was not being reported that made it less than the total truth. Contact Shepard, search articles and Tweets, monitor coverage, and track replies from one place. What Happened to The News with Shepard Smith? While CNBC has traditionally focused on heavy coverage of the markets and other business news, Smiths program took the form of a centrist general news show. This byline is mine, but I want my name removed. Smith joined CNBC two years ago from Fox News to bolster primetime TV ratings. Cancelling @thenewsoncnbc with Shepard Smith is a big mistake. Smith, who is leaving the network, will have his last telecast sometime later this month. The network says it will refocus on business and market coverage during the 7 pm hour beginning in 2023. His show accomplished that, doubling CNBC's 7 p.m. We thank Shep and the entire News with Shepard Smith team for their incredible work and dedication over the past two years," a spokesperson for CNBC said. NBCUniversal's CNBC has canceled "The News with Shepard Smith," its primetime general news show, to refocus on business and market coverage. As a result of this strategic alignment to our core business, we will need to shift some of our priorities and resources and make some difficult decisions, Sullivan added. Called sin of omission. Its notoriously hard to get viewers to change their habits in television, and for folks who werent already glued to CNBC during market hours, the hurdle of figuring out where CNBC sat on their cable lineup was apparently too much to ask. Your email address will not be published. It's safe to say those two networks are vastly different. The choice to replace Smiths show with a nightly business program is smart, despite the fact that rival news companies like CNN are implementing cost-cutting measures. If you use a disposable or false email address, your registration will be rejected. "Terrible news. Offers may be subject to change without notice. However, being a prominent journalist will most certainly land him on another top television network. Sign up now to get the Washington Examiners breaking news and timely commentary delivered right to your inbox. His final show will air in November after which CNBC will replace it with an "evening hour devoted to business news in early 2023," per Variety. All Rights Reserved. [V]iewers never seemed to show up, the website noted succinctly, even given the intense Election 2020 news cycle. The move to part ways with Smith is Sullivans first significant choice since taking over CNBC from Mark Hoffman in September. The public will not see it and we do not share it. Former Fox News anchor Shepard Smith is set to join CNBC as the host of a new nightly newscast. I certainly hope Shepherd Smith surfaces somewhere else soon. We have no tolerance for comments containing violence, racism, profanity, vulgarity, doxing, or discourteous behavior. The veteran journalist, who . . He also anchors the 11 AM weekday newscasts at the #1 television station in Chicago. Really miss the energy and the in-depth attention Shep brought to the news. Read More John Berman CNN Wife, Net Worth, Salary, Wife, Parents, SonsContinue. Opinions expressed by Forbes Contributors are their own. Please bring him back. "We can confirm the last newscast was Wednesday, November 2," a CNBC spokesperson said. Members of the French team celebrate after scoring the first goal during the Tournoi de France women's friendly football match between France and Denmark on Feb. 15, 2023. CNBC has canceled Shepard Smith's show after two years. We are YOUR magazine for tips, tricks, life hacks, and impactful world news in business, lifestyle, technology, travel, and entertainment. In an interview with CNNs Christiane Amanpour in January 2021, Shepard explained that Fox had become "untenable as opinion shows on the network spread falsehoods that hosts knew were lies." Yes, they are more balanced than CNN, FOX. Im going to follow him wherever he finds a new home for his journalism. 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Sullivan is attempting to clarify CNBC's brand as specifically targeting business, given the many choices on TV and on the internet for more general news, he said in the e-mail. When Shepard Smith landed at CNBC in September 2020, it was a somewhat shocking choice. Ive been a fan of Shepard Smith ever since the New York Times editorialized him during John McCains run. You may opt-out by. CNBC's new studio on the floor of the New York Stock Exchange in 2012. Read More Scott Wapner CNBC Wife, Kids, Age, Height, Salary, Net WorthContinue. Shepard Smith is best known for his 23-year tenure at Fox News Channel, where he worked as managing editor of the breaking news department as well as a chief anchor during the channels launch in 1996. During times of flux and uncertainty, our place in the lives of those we touch on-air, online and in person becomes even clearer, and more essential.. Get this delivered to your inbox, and more info about our products and services. He did not have any immediate comment. As the industry transitions into the world of streaming, the network has decided to refocus back on the core product of the business, financial, and market news. It was revealed that Jake Tapper would be moving back to afternoons as host of The Lead, leaving his 9 p.m. slot wide open. CNBC reportedly spent millions on Smith, building him a studio and hiring him a show team. When Shepard Smith landed at CNBC in September 2020, it was a somewhat shocking choice. The veteran newsman made the announcement Wednesday on his 7 p.m. newscast, and he has been. Smith will depart the network later this month. ET called "The New I need a new favorite news program I think axing Smith was ridiculous. The company has begun to help employees affected by the cancellation find other potential opportunities across NBC News Group. I hope Shepard Smith reads these so he knows we had and have his back, and will follow to whatever network is lucky enough to get him (unless its back to Fox). But what happened to the show? PLEASE JOIN OUR NEW COMMENT SYSTEM! Menu. Hoffman had been CNBC's president since 2005. "The News With Shepard Smith" is CNBC's nightly newscast providing deep, non-partisan coverage and perspective on the day's most important stories. . 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Early during his career at FNC, Smith held the positions of New York-based general assignment reporter and senior correspondent. "Whether it's a poor time slot, behind . Smith is exiting CNBC at an unspecified date later this month, according to the outlet. We thank Shep and the entire 'News with Shepard Smith' team for their incredible work and dedication over the past two years.". The News with Shepard Smith is CNBCs nightly program that offers in-depth, objective coverage and viewpoints on the most crucial events of the day. The anchor first arrived in the fall of 2020 to bring a non-partisan, general news program to the early evening slot. Read More Guillermo Arduino CNN, Salary, Age, Height, Family, Education, Net WothContinue. Airlines are facing the dual challenge of combatting a shortage of pilots while keeping a lid on costs. According to CNBC President KC Sullivan, We need to further invest in business news content that provides our audiences actionable understanding of the complex developments in global markets and the implications on institutions, investors and individuals.". From the start, viewers thought of CNBC as all business, not a news network. The network first reported Thursday that Smith would leave CNBC later in the month of November. Find Shepard Smith's articles, email address, contact information, Twitter and more. Shepard has a net worth of $25 million. It is based in Englewood Cliffs, New Jersey, at CNBC Global Headquarters. i live in Canada and have watch Shepard Smith every day on CNBC. Your magazine for tips, tricks, life hacks, and impactful world news. The network announced the news Thursday in an e-mail to CNBC employees. Please help us! 1 min read. Smith was one of the first hires for the Fox News Channel [+] when the network debuted. Like many other TV anchors at business-news outlet CNBC, Shepard Smith finds himself facing a closing bell. CNN similarly canceled programs with Jake Tapper and Don Lemon, as the new chairman and chief executive officer of CNN Worldwide seeks to reorganize the network. Nov. 3, 2022. I cover political media--and media politics. (AP Photo/Richard Drew), Apple TV+ Is Looking Into Streaming More Live Sports, Megyn Kelly Mocks NBCs Savannah Guthrie For Getting Covid: Shes Had All The Vaccines And Boosters, CNN Hits 10-Year Low As Fox News Glides To Victory In Cable News Ratings. cnbc.com. When Smith signed off from Fox, he said, its my hope that the facts will win the day, that the truth will always matter, that journalism and journalists will thrive. In cable news, the jurys still out on whether journalism is thriving, but one thing is clear: should Smith move to a network like CNNquickly shifting gears back to hard news and away from opinionitd be a safe bet that Smith could once again be where he shouldve been all along: in the center of the big news story, doing what he does best. Jane Skinner and Shepard Smith in 2006. Other evening news shows were only 30 minutes and many were filmed earlier. We love hearing from our readers and invite you to join us for feedback and great conversation. His show has averaged 222,000 viewers this year, down slightly from 2021, the Nielsen company said. The News team reportedly includes about 20 people. It was the best TV news program on the planet. Thank you. Most recently, CNN announced shows hosted. The News with Shepard Smith was an American news television program hosted by Shepard Smith that aired on CNBC. He's leaving CNBC in defeat. ", Is Dylan Dreyer Leaving NBC? He was born on January 14, 1964, in Holly . Global Business and Financial News, Stock Quotes, and Market Data and Analysis. The business network plans to air market coverage during the 7 p.m. time slot previously occupied by Smith, with the launch of a permanent business-related replacement slated for next year. RIPhumanity, Under an Instagram post about the show's cancelation on its profile, most people were disappointed and hoped that Shepard's time as a news anchor wasn't over yet. Shepard came out clearly in 2017 that he is gay and that he is married to Giovanni Graziano. Chris Cuomo claims to be unbiased but his bias is very apparent. The decision to let Shepard go was carried out under the directive of new CNBC Chair KC Sullivan who replaced Mark Hoffman in early 2022. His two decades at the helm of Fox News and the new venture with the network have made an impact on the news industry and the viewers. But for sure, he was a huge improvement over Fox and CNN. If anything, it felt inevitable. He opened up about his sexuality saying that he was indeed dating a man and that his work at Fox News had not been affected negatively by his sexual identity. Smith will be leaving the network later this month, according to a person familiar with the matter. There were rumors he was going to CNN but thus far I havent seen any updates. . I miss Shepard Smith every evening watching news. Bad decision CNBC! Shepard Smith is a veteran American broadcast journalist working for NBC News and CNBC. Related:Amara Walker CNN Salary, Age, Nationality, Husband, Wedding, Net Worth. Shepard totally destroyed Joe The Plumber on Fox, no less. CNBC has canceled "The News with Shepard Smith" after two years. She has many years of experience in multimedia production and sports broadcasting. The following year, on July 8, 2020, CNBC announced that Smith will be joining their station as a chief general news anchor and chief general breaking news anchor. 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