Smith did not leave FOXfor CNN, but he did eventually return to the scene on another news channel: CNBC. We miss his 7:00 broadcast every week day. As for Smith, might he have other avenues to pursue? Where is Huntley and Brinkley when we need them. I am really upset that Shepard Smith was cut . What a terrible shame. CNBC confirmed the end of The News with Shepard Smith in a memo to staffers on Thursday, citing an effort to refocus on its core business news audience. forget about another business show. Both slant the news, insert their opinions and omit the truth. "Years go by fast. Variety, which first reported on Smiths exit, noted the move was one of the first major decisions Sullivan has made since taking over for ex-CNBC chief Mark Hoffman earlier this year. They. According to Variety, CNBC canceled The News with Shepard Smith in order to focus "more intently on its core product: information tailored for viewers interested in the markets and personal finance." But the focus has shifted, and Smith's last show aired the latter part of the month. Ive been a fan of Shepard Smith ever since the New York Times editorialized him during John McCains run. CNBC shared that Smith will be leaving the network sometime at the end of November 2022, though it isnt entirely clear whether he was let go or is resigning. 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. His foremat and style are what we need. KC Sullivan, who recently took over leadership of the NBCUniversal-owned outlet, told staffers in a memo Thursday that Smiths final program will air at the end of the month. Stephen Battaglio writes about television and the media business for the Los Angeles Times out of New York. 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." Shepard Smith made a shocking exit from Fox News in October of 2019. His show managed to double the number of viewers tuning in at 7:00 p.m. seeking a daily dose of the latest news, reports CNBC. The move to part ways with Smith is Sullivans first significant choice since taking over CNBC from Mark Hoffman in September. People may receive compensation for some links to products and services on this website. Bye bye, To many so caled news men and woman say nothing news worth they all just give opions.There opinions. Nonbinary student banned from prom for wearing a suit. I hope he lands somewhere really soon. CNBC has canceled "The News with Shepard Smith" in an effort to focus more on business-news coverage, the network said.. In his last speech on his Shepard Smith Reportingnewscast, he looked back at his 23-year career with the conservative news channel. He went on to say "This is key in our efforts to continue building on our position as the number one global business news brand and to connect with new audiences of all kinds interested in their financial future.". It certainly wasn't because the celebrated news anchor wasn't up to the challenge. The anchor brought with him a reputation for hard-hitting delivery and a fierce commitment to objective reportage. 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." So, yes, I will miss him. 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). Forget a new business program in his place. Facts yes. Shepard has a net worth of $25 million. His last few years at Fox he was disrespected and belittled sometimes on air by entertainers, not journalists. All Rights Reserved. Alex is our main author for trending content on CNBCPosts.com. We're getting near the end. After all, he had been working in broadcasting for nearly 30 years. What Happened to 'The News with Shepard Smith'? CNBC Posts On Thursday, November 3, 2022, CNBC sent an email to its staff informing them of the news that they will replace Smiths prime time program with coverage of the markets until a new live show specializing in business news debuts in 2023. After all, he had been working in broadcasting for nearly 30 years. We watched Shepherd Smith every evening at 7 on CNBC. Monica Malpass is an American journalist working for Nasdaq as a Business Anchor. Mike Duffy is an Emmy Award Winning anchor and reporter at WXYZ-TV. 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. Smith married his University classmate, Virginia Donald in 1987. 2023 CNBC LLC. Yes! Fox News Breaks Up With Tucker Carlson in Surprise Exit - Yahoo He was recruited from Fox by longtime CNBC president Mark Hoffman, who left the network earlier this fall, Smith told The Post in a 2020 interview. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Thanks for contacting us. Variety is a part of Penske Media Corporation. Let's take a closer look. As of the time of this writing, no hosts have been named for the new show. What happened to Shepard Smith? Shepard came out clearly in 2017 that he is gay and that he is married to Giovanni Graziano. I believe this decision will ultimately help to strengthen our brand and the value we provide our audiences.. Nothing prepared the viewers for what happened in the late summer of 2020 when the networks president announced The News with Shepard Smith was to be canceled and the slot would be given over to the more business and finance-focused program. However, being a prominent journalist will most certainly land him on another top television network. Shepard Smith, One Of Television's Most Talented News - Forbes We recorded it and watched it every evening. CNBC says Shep Smith is out immediately, contradicting initial Shepard has not yet revealed his next step. It was the best TV news program on the planet. Smith always presented himself as an unbiased an. His news was the only news that wasnt slanted one way or another just the facts. His relentless just the facts demeanor would seem to make him the perfect candidate for CNN as it develops under Warner Bros. Smith is not the only Fox-turned-NBC reporter that has experienced mixed reviews. We miss the hour show. But Smith no longer stood. Please bring back The News With Shepard Smith. I miss his sense of humor, his sing-song way to introduce Wall Street, Time for the Top of the News. If the ratings were top rated they should have kept him and his team. "I was never a political person. Well, bye! Shepard Smith's CNBC show is an epic fail - BizPac Review theytweeted. It was obvious he loved his job and following his calling. Shepard Smith - CNBC 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? Miss Shepard Smith looked forward to watching his news! CNBC says Smith was brought on from Fox News to bolster primetime TV ratings, and he did just that. In the end, the decision was made in the best interest of the network to refocus the efforts back on the core product. Smith's ( [$5-$6 million] salary and the resources Hoffman has thrown at his show have created a tremendous amount of resentment from other CNBC talent, according to multiple insiders familiar.

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