According to Nielsen Data, per the Daily Caller, his ratings have continued to drop each week his show has been on the air. So, yes, I will miss him. NBCUniversal has tried to harness Fox News personalities several times in the recent past, and failed. The show has around 20 dedicated employees, and Mr. Smith had a multiyear contract with the network. we loved the in-depth coverage and watched it regularly. Instead, the network will pivot the evening time slot back to its core product, business news and personal finance, after the show wraps up. Decisions like these are not arrived at hastily or taken lightly, CNBC president KC Sullivan said in a message to employees on Thursday that was obtained by The Washington Post. He then joined WESH in Orlando where he worked as a consumer, medical, and investigative reporter. Yes, they are more balanced than CNN, FOX. Shepard is missed very much in my family 7 pm was special with his news real news from around the globe plus financial. We miss his personality and his style presenting the news and his correspondents. CNBC cancels 'The News with Shepard Smith' to refocus on business news. Former Fox News anchor-turned-CNBC host, Shepard Smith, is out effective immediately at the network. Kelly was officially ousted only two years into her $69 million contractover her controversial comments about wearing blackface. Smiths show will end at a later date in November and the most affected people are his team of roughly 20 people. The anchor brought with him a reputation for hard-hitting delivery and a fierce commitment to objective reportage. The anchors for that program will be named at a later date, and it remains to be seen whether CNBC will select candidates from among its current roster or seek to woo someone from outside its ranks. However, Smith may have been overwhelmed by a growing dissolution betweenFox News and President Donald Trump, reported CNN. The network announced the news Thursday in an e-mail. If the ratings were top rated they should have kept him and his team. 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.". Get this delivered to your inbox, and more info about our products and services. It certainly wasn't because the celebrated news anchor wasn't up to the challenge. A stranger stepped up, and now theyre friends for life.. Smith is exiting CNBC at an unspecified date later this month, according to the outlet. I certainly hope Shepherd Smith surfaces somewhere else soon. 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. Sullivan knows something about the needs of business audiences. The move to part ways with Smith is Sullivans first significant choice since taking over CNBC from Mark Hoffman in September. There was no hint that his show was failing. Before announcing his departure, Smith was. CNBC cancels 'The News with Shepard Smith' to refocus on business news. CNBC has canceled "The News with Shepard Smith" after two years. We really miss Shepard Smith. News of the network's plans to have Smith fill in for Holt was. Last month Shep Smith decided that he had simply had enough. 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. 2023 Variety Media, LLC. CNBC is canceling the daily evening show hosted by Shepard Smith, ending the network's foray into general interest news led by the former Fox News anchor. CNN is in the midst of a major overhaul under president Chris Licht, with a round of layoffs expected in the coming weeks as top executives pursue a cost-cutting effort. All Rights Reserved. Sam Dick Age Dick is, Read More Sam Dick (WKYT-TV) Bio, Wiki, Age, Height, Wife, Children, Cancer, Retiring, Leaving WKYTContinue. ET general news program. Hope it/he gets picked up on another network! I believe this decision will ultimately help to strengthen our brand and the value we provide our audiences, Sullivan said in the memo. Smith's arrival at CNBC last year took many cable-news insiders by surprise. What happened to Shepard on CNBC? In the final moments of his first broadcast in 2020, Smith told viewers his show. She said her exit was due to the atmosphere of covering politics for a conservative news channel. We miss his 7:00 broadcast every week day. It became clear to me it wasn't what I wanted to do. "We can confirm the last newscast was Wednesday, November 2," a CNBC spokesperson said. Discovery. Before joining CNBC, Smith was a longtime anchor at Fox News known for his even-handed approach on the conservative-leaning channel and was one of its highest paid on-air personalities. The quality journalism Shep and his team delivered each weeknight was exemplary and not lost on us or our 7 p.m. audience, Sullivan wrote. Like many other TV anchors at business-news outlet CNBC, Shepard Smith finds himself facing a closing bell. It was a treasure. He raised $30,000 for him. Smith's team, which includes about 20 people, was given the option to wind down the show later this month but has chosen to end programming immediately, according to people familiar with the matter, who asked not to be named because the discussions were private. Please bring Sheep back. She currently hosts a podcast called The Megyn Kelly Show, which covers a range of topics from politics to internet culture. I hope he lands somewhere really soon. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Thanks for contacting us. People may receive compensation for some links to products and services on this website. 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." Smith married his University classmate, Virginia Donald in 1987. Zelensky says more than 70,000 Russian war crimes have been recorded, Nobel Peace Prize winner sentenced to 10 years in prison by Belarusian court, Whats the newest city in the US? Offers may be subject to change without notice. She frequently makes appearances on TV and radio as a political pundit, specializing in the link between freedom of speech, feminism, and womens rights. Reliable Sources with Brian Stelter was also canceled, and unlike Tapper and Lemon, Stelter won't be continuing at CNN. He then switched to Varney & Co. on the Fox Business Network in 2012, where he finally rose to the position of the producer before departing the show in 2013. "We are pleased with the launch of The News with Shepard Smith and have received very positive feedback from viewers," CNBC said in a statement (per the Daily Caller). When Shepard Smith landed at CNBC in September 2020, it was a somewhat shocking choice. Data is a real-time snapshot *Data is delayed at least 15 minutes. NBC has a rotating cast of anchors and reporters it regularly uses to fill in on Nightly News, including Savana Guthrie, Kate Snow and Peter Alexander. Hoffman had been CNBC's president since 2005. Mr. Sullivans plans to focus on business and finance include CNBC Investing Club with Jim Cramer and CNBC Pro, services that offer subscribers additional tips and stories for a monthly fee. We watched Shepherd Smith every evening at 7 on CNBC. Read More Ginella Massa Husband, Baby, Parents, Ethnicity, Religion, Salary, Net WorthContinue. One of the few people on TV that gave you information from an unbiased perspective," commented one user. CNBC plans to replace Mr. Smiths 7 p.m. show with a program more sharply focused on business and finance, Mr. Sullivan wrote. Who is Ginella Massa? but his presentation was not always the truth. Smith, who tested positive for Covid-19 in January, hosts CNBC's 7 p.m. newscast, The News with Shepard Smith. Before joining KTLA, Chan worked at KMIR 6 News as the morning anchor and reporter. Cant wait to find where he will be next. However, not everyone is happy Smith is back on television. In general, it does seem like people are rooting for Shepard Smith and his CNBC show. Between June and September this year, his show was the 52nd most-watched on cable news, bringing in an average of 206,000 viewers nightly. Change is difficult, particularly when talented, good people are impacted, Mr. Sullivan wrote. But for sure, he was a huge improvement over Fox and CNN. Read More Pete Williams NBC Correspondent, Retiring, Wife, Age, Salary, Net worthContinue. 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.". Bad move cnbc. Shepard Smith left Fox News in 2019 and joined CNBC a year later. I believe this decision will ultimately help to strengthen our brand and the value we provide our audiences.. Shepard Smith is out at CNBC after network brass canceled his much-hyped nightly news program just two years after its launch. 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? NBCUniversal's CNBC has canceled "The News with Shepard Smith," its primetime general news show, to refocus on business and market coverage. I am really upset that Shepard Smith was cut . Smith is drawing an average of 222,000 viewers on CNBC in 2022 according to Nielsen data. 217. CNBC confirmed Friday that the "last newscast was Wednesday, November 2," in an update to Thursday's initial announcement. So did we But Smiths stature in the industry did not generate big ratings for CNBC. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. In a memo sent to staffers Thursday, Sullivan indicated the network needed to prioritize and focus on our core strengths of business news and personal finance. Shepard Smith debuted on CNBC in September 2020 via a program titledThe News with Shepard Smith, which airs weeknights at 7 p.m. EST. 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., CNBC has long had to navigate a challenge after traditional work hours, hoping to keep business-news audiences paying attention after the stock markets have closed for the day. Trump, who generally supports Fox News, had even called out Smith in the past, asking if he had been "trained by CNN"(which is a serious insult when it's coming from Trump.). Smith's new 7 p.m. program, " The News With Shepard Smith ," won an average of 373,000 viewers in its debut Wednesday night on CNBC, according to data from Nielsen, and an average of 56,000 . Libert Chan Biography Libert Chan is an American television host, meteorologist, reporter, yoga teacher and blogger. Called sin of omission. Paramount to pay $122.5 million to settle lawsuit over CBS deal. It was not being reported that made it less than the total truth. We love Rachael. Smith joined CNBC two years ago from Fox News to bolster primetime TV ratings. 879. It's new CNBC President KC Sullivan's first major shakeup. We recorded it and watched it every evening. It's not who I am," Kelly said in an interview with Ellen DeGeneres. New York CNN Business . 2023 CNBC LLC. Stories that brim with optimism. I also really miss Shepard Smiths evening news as others mentioned, you actually got news and not a lot of people just discussing their views on things. VIDEO 00:00. He is also the author of three books about television, including a biography of pioneer talk show host and producer David Susskind. I WANT SHEPARD SMITH.BACK. Let's take a closer look. The audience does not approach the levels of Fox News, CNN or MSNBC in the 7 p.m. Eastern hour. Source: Vimbuzz.com Related Posts Why was Shepard Smith fired? Shepard Smith, a frequent critic of President Donald Trump who was accused of sexual assault by a man who claims he awoke to find Smith in the same bed with him with his tongue down his throat, is resigning from Fox News amid a growing feud between him and Tucker Carlson. Yes! Ari Emanuel lets his AI alter ego open Endeavors earnings call, WGA chief negotiator David Young replaced due to illness ahead of key talks with studios, Hidden, illegal casinos are booming in L.A., with organized crime reaping big profits, Look up: The 32 most spectacular ceilings in Los Angeles, Elliott: Kings use their heads over hearts in trading Jonathan Quick, This fabled orchid breeder loves to chat just not about Trader Joes orchids, Best coffee city in the world?