Mr . After watching his show, its difficult to watch the other programs. We miss the hour show. Smith is exiting CNBC at an unspecified date later this month, according to the outlet. NEW YORK (AP) CNBC is canceling Shepard Smith's nightly newscast after two years, with its new president saying he wanted to focus on the network's core strength of business news. He served as chief general news anchor and host of The News with Shepard Smith on CNBC, a daily evening newscast launched in late September 2020; [2] but his program was cancelled in November 2022. Sincerely, Avid Listeners, bad move, he was one of the very few actual journalists on any network reporting news. So sad. But there clearly weren't enough viewers. Shepard Smith's full interview with White House Press Secretary Jen Psaki. Its the question on the minds of many viewers, as the news powerhouse and veteran journalist Shepard Smith has said goodbye to the CNBC network. Shepard Smith had been with Fox News from 1996 to 2019 when he reached his breaking . Smith is leaving the network after his show concludes later this month. The anchor first arrived in the fall of 2020 to bring a non-partisan, general news program to the early evening slot. CNBC cancels Shepard Smith. I miss Shepard Smith every evening watching news. Cancelling @thenewsoncnbc with Shepard Smith is a big mistake. Although Smith was successful at growing CNBC's audience, Sullivan announced in a company email that the network now needs to place its focus on business news given the vast selection TV and. Not good news. What a blunder. I really really really miss Shep! Like many other TV anchors at business-news outlet CNBC, Shepard Smith finds himself facing a closing bell. Toggle primary navigation. "We can confirm the last newscast was Wednesday, November 2," a CNBC spokesperson said. NBCUniversal's CNBC announced Thursday that it has canceled "The News with Shepard Smith" in a move to refocus priorities on business and market coverage.Why it matters: The show had served as CNBC's general news program for the past two years, aiming to deliver straight, nonpartisan news and bolster primetime TV ratings. we loved the in-depth coverage and watched it regularly. Sign up for free newsletters and get more CNBC delivered to your inbox. The host of "The News with Shepard Smith" will be moving on later this month, CNBC announced Thursday in an email to its workers. The network, a unit of Comcast Corp.'s CMCSA -1.71%decrease; red down pointing triangle NBCUniversal, plans to replace the 7 p.m. show with a business news program at the beginning of next year, KC Sullivan, president of . Even liberal Daily Beast reporters, however, had to admit that the CNBC program hosted by Smith that debuted in September 2020 amounts to an epic fail. Yet another wrote, "Boo. MENU Markets. 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 Smith on the set of his Fox News Channel newscast back in 2017 (Photo by Steven [+] Ferdman/Getty Images), When Shepard Smith announced in 2019 that he was leaving the Fox News Channel, it came as a big surprise. god bless. In 2003, Smith was ranked third among the top five U.S. cable news programs. I always felt I could believe the news as he told it. CNBC said Smith's show attracted the richest audience of any evening program on cable news usually a huge selling point. Smith joined CNBC two years ago from Fox News to bolster primetime TV ratings. But Hoffman was replaced in September by KC Sullivan, who announced Smith's exit in a memo to staff on Thursday. For the last three months of 2020, The News with Shepard Smith had 280,000 viewers. Her departure is also effective immediately. Read More Scott Wapner CNBC Wife, Kids, Age, Height, Salary, Net WorthContinue. But do feel his claim of just the facts and the truth was a bit too much. "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.". At CNBC? The problem wasnt Smith. 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. CNBC is doing away with anchor Shepard Smith's evening news program after two years. "Terrible news. So did we Even liberal Daily Beast reporters, however, had to admit that the CNBC program hosted by Smith that debuted in September 2020 amounts to an epic fail. As Shepard said during his final Fox show, "It's been an honor and my pleasure. We recorded it and watched it every evening. Thank you for partnering with us to maintain fruitful conversation. Smith had the newest details so we got updated info that had been confirmed. Warner Bros. But for sure, he was a huge improvement over Fox and CNN. We thank Shep and the entire 'News with Shepard Smith' team for their incredible work and dedication over the past two years.". Shepard Smith is out at CNBC after network brass canceled his much-hyped nightly news program just two years after its launch. Facts yes. CNBC's Kelly Evans talks with Shepard Smith ahead of his show premiere this evening. [4] Please bring back The News With Shepard Smith. I watched Shep Smith news as a more objective and balanced presentation. CNBC will reportedly attempt to reassign the approximately 20 staffers impacted by the cancellation of Smiths show. Shepard totally destroyed Joe The Plumber on Fox, no less. I dont think anyone knows what Shep is up to now. NEW YORK (AP) CNBC is canceling Shepard Smith's nightly newscast after two years, with its new president saying he wanted to focus on the network's core strength of business news. Related:Amara Walker CNN Salary, Age, Nationality, Husband, Wedding, Net Worth. Shepard Smith Joins CNBC as Anchor of Evening News Program After Fox News . CNBC has canceled "The News with Shepard Smith" after two years. It was our favorite TV news show. 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. You could be getting the best stories in your inbox twice a day. You might think that a financial network would be especially familiar with the phrase get woke, go broke. But The News with Shepard Smith didnt find the signal in the noise as much as it was lost amid the continuing noise of Fox News rolling to ratings win after ratings win, and MSNBC and CNBC slugging it out for second place. "The News with Shepard Smith" will air its final show later this month, he said. However, the show failed to live up to the networks expectations, and the audience the show did garner was not enough. All Rights Reserved. Shepard Smith is a 58-year-old American journalist. Menu. When CNBC announced it had hired Smith back in 2020, it was clearly a departure. (AP Photo/Richard Drew), Today CNBCs new leader, KC Sullivan, made it clear that the network would be shifting its focus back to business. Amara Walker CNN Salary, Age, Nationality, Husband, Wedding, Net Worth, John Avlon CNN Salary, Political Affiliation, Age, Height, Wife, Net Worth. We have no tolerance for comments containing violence, racism, profanity, vulgarity, doxing, or discourteous behavior. Nonetheless, the most notable announcement concerns CNBC's 7 pm hour, which has been vacant since the network decided to cancel The News with Shepard Smith back in November. Copyright 2023. The 56-year-old newscaster will host an hourlong weekday broadcast at 7 p.m. While other news organizations such as CNN are going through cost cutting measures, the decision to replace Smith's show with a nightly business program is strategic in nature. They are taking away our advertising revenue, censoring our content,and threatening to de-platform us. Airlines are facing the dual challenge of combatting a shortage of pilots while keeping a lid on costs. This is a BETA experience. I cant wait til he finds his new station. Wait, why? Truth has never been more critical! So, yes, I will miss him. Shepard has a net worth of $25 million. 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. Smith will be leaving the network later this month, according to a person familiar with the matter. ", We hope the same, the world sure could use unbiased reporting. It was a classic, and much needed, honest to god style news show. Your magazine for tips, tricks, life hacks, and impactful world news. Please bring him back. I believe we must prioritize and focus on our core strengths of business news and personal finance, Sullivan wrote. Shepard Smith will depart CNBC as his newscast will have its final episode later this month, ending a two-year effort to establish a presence for the high-profile anchor in the network's. Smith's arrival at CNBC last year took many cable-news insiders by surprise. We love to hear from our CNBC audience! . A spokesperson for CNBC told the Daily Beast that Its been less than a year since we launchedThe News with Shepard Smithand we are incredibly proud of the high-quality journalism and powerful storytelling the team produces every weeknight, adding that the show is doing better ratings-wise than the content it was presenting a year ago at 7 p.m. Eastern time. He formerly co-anchored CNNs New Day alongside Brianna Keilar. Smith married his University classmate, Virginia Donald in 1987. What a terrible shock to read that he was let go. I hope he lands somewhere really soon. For access to live and exclusive video from CNBC subscribe to CNBC PRO: . Early during his career at FNC, Smith held the positions of New York-based general assignment reporter and senior correspondent. We love hearing from our readers and invite you to join us for feedback and great conversation. Inside His Job Shake-Up. . He is the lead general news anchor and the host of The News with Shepard Smith, a daily evening newscast that debuted in late September 2020. (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. I miss his sense of humor, his sing-song way to introduce Wall Street, Time for the Top of the News. Alex is our main author for trending content on CNBCPosts.com. It goes far beyond headlines to give its viewers a sharp perspective into the world around them in real-time and has on-the-ground reporting from all across the world. please contact Dow Jones Reprints at 1-800 . He went on to say, "Those of us who are so honored and grateful to have a platform of public influence have to use it for the public good." 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." Advertisers back out of Twitter following Musk takeover as government looks into deal. The veteran newsman made the announcement Wednesday on his 7 p.m. newscast, and he has been. The CNBC chief said that at a time when misinformation and disinformation is rampant, The News succeeded in providing audiences with the clearest understanding of the facts.. We miss his 7:00 broadcast every week day. Player protests and . Smith is seen as a pro with high news standards prone to generous gesturesbut amid a wider re-evaluation of bullying in media workplaces, some staffers have complained that he is difficult to deal with. Tisha Powell Biography and Wiki Powell is an American journalist working as an anchor and reporter for WTVD ABC 11Eyewitness News. At least two people with direct knowledge of the situation described Smith as having regular temper tantrums.. Thank you for donating. Got a confidential news tip? John Berman is an American broadcast journalist. Most recently, CNN announced shows hosted. It was not being reported that made it less than the total truth. Read More Rachel Hopmayer Spectrum News 1 Salary, Age, Husband, College, Net WorthContinue. After spending time with many of you and closely reviewing the various aspects of our business, I believe we must prioritize and focus on our core strengths of business news and personal finance, CNBC President KC Sullivan said in a memo to staffers. His departure is the latest in a series of network news shake-ups this year. Shepard Smith Shepard Smith Biography. [1] The program, which premiered on September 30, 2020, was a general interest news show that aired at 7 PM ET. He more than earned his own Nightly News show. Why Shes Been Missing From the Today' Show, LA News Anchor Mark Mester Was Fired After Defending a Colleague on the Air, What Happened to CNN's John Berman? Offers may be subject to change without notice. It's safe to say those two networks are vastly different. Like many other TV anchors at business-news outlet CNBC, Shepard Smith finds himself facing a closing bell. Shepard has yet to announce his next move though Variety speculates he could land at CNN "as it develops under Warner Bros. This post will tell the story of the shows departure and the networks refocus on its core product: financial and market news. Smith will depart the network later this month. If you caught one of those moments when Smith was doing live breaking news, youd think, this is excellent, I should watch this more often, but on if you caught the show on a night with less drama, you might think that something just wasnt clicking. But like Kelly, Smith's recruitment by NBC-owned CNBC has so far produced a modest return on NBC's investment a roughly $10 million salary, a staff of 25 and a new set at CNBC's . Not a smart move to can Shepard Smith! CNBC's new studio on the floor of the New York Stock Exchange in 2012. It's unclear what led to the abrupt change. WATCH: Shep Smith reports on advertisers backing out of Twitter. The ratings suggest the NBCUniversal-owned channelmay not be getting a sufficient return on its investment. NBCUniversal announced Thursday that CNBC canceled the primetime program "The News with Shepard Smith.". I'd like to call and speak to a CNBC Customer Care agent on the phone. 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. We watched Shepherd Smith every evening at 7 on CNBC. CNBC royally screwed up when they fired him. When Shepard Smith landed at CNBC in September 2020, it was a somewhat shocking choice. Your email address will not be published. Guillermo Arduino is a journalist working as a CNN anchor and correspondent. If anything, it felt inevitable. What Happened to The News with Shepard Smith? But the focus has shifted, and Smiths last show aired the latter part of the month. 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