"The News with Shepard Smith" has now been canceled after just two years. Your magazine for tips, tricks, life hacks, and impactful world news. Shepard began hosting The News with Shepard Smith and now two years later he is once again jumping ship. . Rachel Hopmayer is a sports anchor at Spectrum News 1. Who is Guillermo Arduino? 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. The move to part ways with Smith is Sullivans first significant choice since taking over CNBC from Mark Hoffman in September. 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. NBCUniversal's CNBC has canceled "The News with Shepard Smith," its primetime general news show, to refocus on business and market coverage. To say Smith's show "never approached" Fox numbers is putting it mildly. According to the Los Angeles Times, Smith had an average of 222,000 viewers in 2022. What happened to Shepard on CNBC? CNBC cancels Shepard Smith. I cannot wait to find out where he will be next. So, what is Shep up to now? 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. Thank you for donating. 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.". . CNBC reportedly spent millions on Smith, building him a studio and hiring him a show team. Less than 200,000 people currently tune in to the show, down from its peak of about 300,000 in February (which isnt much to write home about even in the cable news space), the Beast noted in the article that it says is based on interviews with nine CNBC insiders, some of whom no longer work there. Smith is exiting CNBC at an unspecified date later this month, according to the outlet. Hows that supposed to work? CNBC Cancels Shepard Smith's Show Amid Business-News Push. Please bring back The News With Shepard Smith. I certainly hope Shepherd Smith surfaces somewhere else soon. (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. Furthermore, he tied for second . NBC. Smith,. But one thing many agree on is that it has not met the bosses expectations, the Daily Beast explained as it tried to rationalize why Smith has proven to be anything but a drawing card. By Benjamin Mullin. 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. Menu. CNBC has canceled "The News with Shepard Smith" in an effort to focus more on business-news coverage, the network said. But what happened to the show? All Rights Reserved. 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 channel's launch in 1996. Reliable Sources with Brian Stelter was also canceled, and unlike Tapper and Lemon, Stelter won't be continuing at CNN. At CNBC? CNBC has opted not to renew "The News With Shepard Smith" after two years, citing a push toward business news and personal finance coverage, per CNBC.The veteran journalist will depart later . Shepard came out clearly in 2017 that he is gay and that he is married to Giovanni Graziano. Required fields are marked *. Nov. 3, 2022. I miss Shepard Smith every evening watching news. CNBC confirmed Friday that the "last newscast was Wednesday, November 2," in an update to Thursday's initial announcement. What a terrible shock to read that he was let go. Tisha Powell Biography and Wiki Powell is an American journalist working as an anchor and reporter for WTVD ABC 11Eyewitness News. 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 . It is based in Englewood Cliffs, New Jersey, at CNBC Global Headquarters. (AP Photo/Richard Drew), Today CNBCs new leader, KC Sullivan, made it clear that the network would be shifting its focus back to business. Like many other TV anchors at business-news outlet CNBC, Shepard Smith finds himself facing a closing bell. All Rights Reserved. Email Photo: Steven Ferdman/Getty. Support our commitment to credible conservative news. Advertisers back out of Twitter following Musk takeover as government looks into deal. He reported on numerous breaking news stories, including the Jonesboro, Arkansas and Paducah, Kentucky school shootings; the 1997 standoff between the United Nations and Iraq, Princess Diana 's funeral, the murder . We miss his personality and his style presenting the news and his correspondents. 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 . After watching his show, its difficult to watch the other programs. 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. In 2003, Smith was ranked third among the top five U.S. cable news programs. Before joining ABC 11, Tisha worked at News 9 as a news anchor and reporter. Now I have a negative and suspicious view of CNBC because I feel their choice was so unfair and possibly deceptive. Amara Walker CNN Salary, Age, Nationality, Husband, Wedding, Net Worth, John Avlon CNN Salary, Political Affiliation, Age, Height, Wife, Net Worth. I always felt I could believe the news as he told it. I miss his sense of humor, his sing-song way to introduce Wall Street, Time for the Top of the News. We sure dont need re-runs of Shark Tank. I am really upset that Shepard Smith was cut . Cant wait to find where he will be next. It was a treasure. 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. Got a confidential news tip? The former Fox News host's show will end later this month as the network moves to more "business news and personal finance" focus, according to a . Sincerely, Avid Listeners, bad move, he was one of the very few actual journalists on any network reporting news. By contrast, Fox News' Jesse Watters had 3.4 million viewers in the same time slot on Tuesday and MSNBC's Joy Reid had 1.3 million, Nielsen said. 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." 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 . Who is Rachel Hopmayer? I hope he lands somewhere really soon. After your membership is approved, please take a minute to tell us a little bit about yourself. Fox News actually saw a ratings boost in the 3 p.m. time slot after Smith exited in October 2019 and was later replaced by Bill Hemmer. Former Fox News anchor Shepard Smith is set to join CNBC as the host of a new nightly newscast. Disclosure: Comcast's NBCUniversal is the parent company of CNBC. Smith is also the CNBC News Anchor's Chief General and the Chief Breaking General News Anchor. On Nov. 3, Sullivan sent a memo to staff detailing his goals for CNBC which are to center the network around "business news and personal finance." MENU Markets. Smith joined CNBC in 2020 after a lengthy stint at Fox News. Data is a real-time snapshot *Data is delayed at least 15 minutes. But do feel his claim of just the facts and the truth was a bit too much. He has worked in mainstream media for more than two decades generating a sustainable livelihood. We shall update you as soon as he reveals his next big step, so keep hovering. In the end, the decision was made in the best interest of the network to refocus the efforts back on the core product. 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.. But there clearly weren't enough viewers. 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." He is the only news person that I watch. 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. Airlines are facing the dual challenge of combatting a shortage of pilots while keeping a lid on costs. It certainly wasn't because the celebrated news anchor wasn't up to the challenge. Hoffman had been CNBC's president since 2005. 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. Why Doesnt Elon Musk Fund Twitter Until It Turns Around? 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. He is best known for his 23-years of service at Fox News channel having joined the station in 1996. Miss Shepard show. "The News" averaged 225,00 viewers in October. 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. CNBC has canceled Shepard Smith's show after two years. Shepard Smith Fox News. Shepard has a net worth of $25 million. 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. Sign up for free newsletters and get more CNBC delivered to your inbox. [2] [3] The show was the first hosted by Smith since his departure from Fox News in 2019. Shepard has yet to announce his next move though Variety speculates he could land at CNN "as it develops under Warner Bros. Smith has not made any statements on his departure. i live in Canada and have watch Shepard Smith every day on CNBC. Please bring Sheep back. Shepard Smith was really the only objective news show to watch. ", Is Dylan Dreyer Leaving NBC? As Shepard said during his final Fox show, "It's been an honor and my pleasure. 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. 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. ET called "The New CNBC, a unit of Comcast Corp.'s . Shepard totally destroyed Joe The Plumber on Fox, no less. please contact Dow Jones Reprints at 1-800 . So, yes, I will miss him. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Thanks for contacting us. Get this delivered to your inbox, and more info about our products and services. Smith joined CNBC two years ago from Fox News to bolster primetime TV ratings. I hope that very soon, we will see him back with a news program. The anchor first arrived in the fall of 2020 to bring a non-partisan, general news program to the early evening slot. Related:Amara Walker CNN Salary, Age, Nationality, Husband, Wedding, Net Worth. The CNBC shakeup came during a period of upheaval in the broadcast journalism space. cnbc.com. Chris Cuomo claims to be unbiased but his bias is very apparent. Its replacement will launch in early 2023, though a title and anchors for the show have yet to be announced. Hopefully, Shepard finds a new home for his voice, which is greatly appreciated by fans. We love Rachael. Smith worked at Fox from its inception in 1996 until 2019, quitting after a run-in with Fox's ascendant opinion host, Tucker Carlson. The biggest U.S. airlines are negotiating pilot contracts, and talks are turning rocky. Read More Scott Wapner CNBC Wife, Kids, Age, Height, Salary, Net WorthContinue. It's the question on the minds of many viewers, as the news powerhouse and veteran journalist Shepard Smith has said goodbye to the CNBC network. Smith is leaving the network after his show concludes later this month. 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