Discovery." He more than earned his own Nightly News show. For the last three months of 2020, The News with Shepard Smith had 280,000 viewers. . He's leaving CNBC in defeat. 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 . But for sure, he was a huge improvement over Fox and CNN. His foremat and style are what we need. [1] The program, which premiered on September 30, 2020, was a general interest news show that aired at 7 PM ET. Shep had a lot of news on that you never heard from other stations and he always told it in a very interesting and informative manner. Really miss the energy and the in-depth attention Shep brought to the news. CNBC confirmed Friday that the "last newscast was Wednesday, November 2," in an update to Thursday's initial announcement. Currently, he works for CNBC where he serves as a chief general news anchor. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. He also anchors the 11 AM weekday newscasts at the #1 television station in Chicago. There were rumors he was going to CNN but thus far I havent seen any updates. Inside His Job Shake-Up. So the question remains: What happened to The News with Shepard Smith? 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. Cant wait to find where he will be next. He said a business news show will launch in the same time period early next year, but offered no other details. CNBC royally screwed up when they fired him. The decision to move on from Smith is the first major decision made by Sullivan since taking over CNBC from Mark Hoffman in September. VIDEO 00:00. 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. In 2003, Smith was ranked third among the top five U.S. cable news programs. 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. But Hoffman was replaced in September by KC Sullivan, who announced Smith's exit in a memo to staff on Thursday. Shepard came out clearly in 2017 that he is gay and that he is married to Giovanni Graziano. 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. New York CNN Business Shepard Smith will exit CNBC later this year after the business-focused news network announced on Thursday that it will cancel his show as it undergoes a "strategic. Shepard Smith April 7, 2021. His show accomplished that, doubling CNBC's 7 p.m. Given its high hopes, CNBC reportedly built a new studio especially for Smith at the stations northern New Jersey headquarters as well as another one, for COVID-related reasons, in his mansion in the swanky Hamptons liberal enclave on Long Island. He did not have any immediate comment. Airlines are facing the dual challenge of combatting a shortage of pilots while keeping a lid on costs. Mark Hoffman, second from right, president of CNBC, cuts the ribbon for the inaugural broadcast from [+] CNBC's new studio on the floor of the New York Stock Exchange in 2012. CNBC reportedly spent millions on Smith, building him a studio and hiring him a show team. Shepard Smith Age. Who is John Berman? Tech. Please bring back The News With Shepard Smith. Graziano spent more than a year as a production assistant on Smiths Fox News program beginning in 2011. Smith,. The News With Shepard Smith will air its last episode later in November. ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailIn Their Own Words: Ukrainian pop . Alex is our main author for trending content on CNBCPosts.com. In the upcoming weeks, CNBC will make an effort to assist affected employees in finding alternative job opportunities within the NBC News Group. Smith will depart the network later this month. According to the Los Angeles Times, Smith had an average of 222,000 viewers in 2022. This post will tell the story of the shows departure and the networks refocus on its core product: financial and market news. Furthermore, he tied for second . Smith,. One of the most talented breaking news anchors in television, Shep Smith could effortlessly cover major news stories, often working live with nothing but his own experience as a journalist and live pictures from a helicopter, as he did when news broke that the FBI had raided the Florida home of former President Donald Trump. Thats absolutely terrible that Shep is gone. Now I have a negative and suspicious view of CNBC because I feel their choice was so unfair and possibly deceptive. Smith is also the CNBC News Anchor's Chief General and the Chief Breaking General News Anchor. All Rights Reserved. Both slant the news, insert their opinions and omit the truth. When Shepard Smith landed at CNBC in September 2020, it was a somewhat shocking choice. averaging $4.63 a gallon nationwide, down 38 cents in the past 38 days after hitting $5.01 a gallon gas is still up $1.49 from this time last year >> on wall street, the dow down 209. the s&p down 17. the nasdaq also 17 >> i'm shepard smith on cnbc it's the bottom of the hour, time for the top of the news >> twitter laying out its grievances . Or was it a national newscast stretching itself too thin with business news? However, the show failed to live up to the networks expectations, and the audience the show did garner was not enough. CROSSED OUT: MSNBC FIRES TIFFANY CROSS DAY AFTER SHE CALLS FLORIDA THE 'D**K OF THE COUNTRY'. His news was the only news that wasnt slanted one way or another just the facts. Anyhoo, its done. CNBC said Smith's show attracted the richest audience of any evening program on cable news usually a huge selling point. 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. We miss his 7:00 broadcast every week day. 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. CNBC named a new show to succeed "The News With Shepard Smith" in a broad programming shake-up as president KC Sullivan puts his stamp on the network. This is a BETA experience. 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. Smith's arrival at CNBC last year took many cable-news insiders by surprise. However, it then quietly updated the announcement, contradicting its initial report and burying the news of the final broadcast. Amara Walker CNN Salary, Age, Nationality, Husband, Wedding, Net Worth, John Avlon CNN Salary, Political Affiliation, Age, Height, Wife, Net Worth. It was the best TV news program on the planet. I hope that very soon, we will see him back with a news program. It is based in Englewood Cliffs, New Jersey, at CNBC Global Headquarters. Thus the decision to cancel the show was made, and the anchors final show aired this month. On May 10, 2008, Smith delivered the university's 155th commencement address. If you are fed up with letting radical big tech execs, phony fact-checkers, tyrannical liberals and a lying mainstream media have unprecedented power over your news please consider making a donation to BPR to help us fight them. Disclosure: Comcast's NBCUniversal is the parent company of CNBC. The 56-year-old newscaster will host an hourlong weekday broadcast at 7 p.m. It's safe to say those two networks are vastly different. We've received your submission. I always felt I could believe the news as he told it. The shows Twitter bio described its focus as non-partisan coverage of the days most important stories.. Investing Club. "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.". I hope he lands somewhere really soon. "The News with Shepard Smith" has now been canceled after just two years. Got a confidential news tip? Not a smart move to can Shepard Smith! 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." You may opt-out by. 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 . If you need to cancel something I vote for Shark Tank. I need a new favorite news program I think axing Smith was ridiculous. CNBC has canceled "The News with Shepard Smith" in an effort to focus more on business-news coverage, the network said. NBCUniversal announced Thursday that CNBC canceled the primetime program "The News with Shepard Smith.". Shepard Smith CNBC Salary, Age, Wife, Parents, Leaving CNBC, Net Worth, John Berman CNN Wife, Net Worth, Salary, Wife, Parents, Sons, Rachel Hopmayer Spectrum News 1 Salary, Age, Husband, College, Net Worth, Terrell Brown ABC7 Salary, Age, Wife, Married, Height, Net Worth, Parents, Guillermo Arduino CNN, Salary, Age, Height, Family, Education, Net Woth, Tisha Powell (ABC 11), Bio, Wiki, Age, Height, Net Worth, Salary, Husband, Scott Wapner CNBC Wife, Kids, Age, Height, Salary, Net Worth. This byline is for a different person with the same name. If you've commented with us before, we'll need you to re-input your email address for this. Despite the lack of traction with the NBC sister stations viewing audience, Shepard Smith will be co-anchoring some of the primetime Olympic coverage that will air on CNBC (note that there is a lot of inventory for multiple channels) during the upcoming Tokyo games. The public will not see it and we do not share it. Shepard Smith is a veteran American broadcast journalist working for NBC News and CNBC. forget about another business show. All Rights Reserved. Smith serves as a chief general news anchor and host for The News with Shepard Smith, a daily evening newscast launched in late 2020. CNBCs chairman at the time, Mark Hoffman, said hiring Smith was basically a no-brainer: we aim to deliver a nightly program that, in some small way, looks for the signal in all the noise, Hoffman said. The decision to cancel the show came from the networks new chairman, Mr. Sullivan, who plans to replace the 7 PM slot with a program more focused on the financial and market news. Former Fox News anchor-turned-CNBC host, Shepard Smith, is out effective immediately at the network. On October 11, 2019, he made an announcement that he was leaving Fox News. CNBC has canceled Shepard Smith's show after two years. 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. Unfortunately for CNBC, there is bad news conveyed by the underperforming ratings for The News with Shepard Smith. The star anchor abruptly left Fox News in 2019 in the middle of a three-year contract and amid public clashes with. Her departure is also effective immediately. As the industrywide decline of traditional television lingers and the emerging business of streaming flourishes, the network shifts the focus back to its core product. We really miss Shepard Smith. His departure is the latest in a series of network news shake-ups this year. 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