CNBC says it is pulling the plug on Shepard Smith's weeknight general interest news program, saying it wants to focus on the network's . Early in his career at Fox News Channel, Smith held the position of New York-based general assignment reporter and was then promoted to senior correspondent. Previously, CNBC had aired a similarly-named program, hosted by Brian Williams and later John Seigenthaler, from 2002 to 2004. CNBC will wind down Shepard Smiths nightly newscast as it refocuses its evening programming on business and financial news. ENGLEWOOD CLIFFS, N.J., July 8, 2020Award-winning broadcast journalist Shepard Smith will join CNBC, it was announced today by CNBC Chairman Mark Hoffman. Smith joins CNBC after 23 years at Fox News Channel. CNBC announced the 56-year-old is joining the network to serve as the anchor for a new one-hour evening news program. Decisions like these are not arrived at hastily or taken lightly. The cable outlet is refocusing its evening programming on its core of business and financial news. When the coronavirus pandemic hit, I sat around with my partner in quarantine with nothing to do but thaw chicken like everyone else, he said. Copyright 2003-2023 NewscastStudio, an HD Media Ventures LLC company. He thought about getting out of TV news altogether but found as offers rolled in that he still had the itch. Moreover, his father is a cotton merchant whereas his mother isan English teacher. 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. At a time when misinformation and disinformation is rampant,The Newssucceeded in providing audiences with the clearest understanding of the facts.. Former Fox News anchor Shepard Smith is set to join CNBC as the host of a new nightly newscast. For example, Smith might fit as a substitute for Lester Holt on NBC Nightly News or Chuck Todd on Meet the Press.. The network's 14 live hours a day of business programming in North America (weekdays from 5:00 a.m. - 7:00 p.m. As someone who is in the public eye, and with the privilege and platform of influence, Im accustomed to incoming [criticism], he said. Data is a real-time snapshot *Data is delayed at least 15 minutes. CNBC has long been its own profitable shop, operating outside the purview of NBC News; Smiths boss, Hoffman, reported directly to the corporate heads at NBC Universal, bypassing NBC News Chairman Andy Lack, with whom he didnt see eye to eye. ET) is produced at CNBC's global headquarters in Englewood Cliffs, N.J., and includes reports from CNBC News bureaus worldwide. Shepard Smith Joins CNBC - PR Newswire . CNBC promos launch of 'Last Call' - NewscastStudio In 2017, he publicly came out as gay and announced that he has a long-time boyfriend. Smith said the dust-up had no bearing on why he left Fox a mere two weeks later. our Subscriber Agreement and by copyright law. Shepard Smith is a 58-year-old American journalist. CNBC confirmed the end of "The News with Shepard Smith" in. Being one of CNBCs correspondents, there is no doubt, therefore, he earns a decent salary. 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. CNBC Cancels Shepard Smith's Show - WSJ Notably, The News used a boxy look, though it was more 3D and used white and blue as its primary colors. And awesome. All Rights Reserved. . He was married to Virginia Donald in 1987, who was a University of Mississippi classmate. 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. I dont think anyone knows what Shep is up to now. But he wouldnt be the first that could be said of., He speculated that NBC News could have bigger plans for Smith. Smith joined CNBC in 2020 after a long tenure at Fox News. She was an opinionated prime-time cable host whom NBC tried to turn into a sunny morning-TV personality; he was a respected nonpartisan anchor who occupies the same chair in his new gig. The Newsset out on a bold mission of providing non-partisan, fact-based reporting on the most important stories of the day in the U.S. and around the world, CNBC president KC Sullivan wrote in a memo to staff Thursday (read it in full below). He is consistently shown speaking directly to the primary camera, with both a floor camera and jib visible behind him. Before joining Fox News Channel, Smith was a FOX News Edge correspondent based in Los Angeles, providing deep reporting on national headlines including the crash of TWA Flight 800, the Montana Freeman standoff, and the Oklahoma City bombing for FOX affiliate stations across the country. CNBC axes Shepard Smith's nightly newscast after two years. Smith is 58 years old. CNBC announced the 56-year-old is joining the network to serve as the anchor for a new one-hour evening news program. CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across all platforms. Your magazine for tips, tricks, life hacks, and impactful world news. The network has said it is looking to find other jobs at the channel for the people who worked on the show. So if it isnt attracting a crowd right now, when would it? JOURNALISTS, USA JOURNALISTS' BIOS CNBC, a unit of Comcast Corp.'s . Smith studied journalism at the University of Mississippi. It does not appear that the phrase last call, however, is commonly used in the financial industry. It may be that Smith is doing the right show, suiting his skills as a journalist and communicator, but on the wrong network and at the wrong time. And the viewers of The News with Shepard Smith will have to look elsewhere for the news they sought from the iconic journalist. Additionally, Smith hosts The News with Shepard Smith, a daily evening newscast launched in fall 2020. Sign up for free newsletters and get more CNBC delivered to your inbox. The News With Shepard Smith is CNBC's nightly newscast providing deep, non-partisan coverage and perspective on the day's most important stories. The Last element in the name might seem to suggest the show is, like Dalys show, a late-night option, despite the show airing at 7 p.m. eastern. But the audience doesnt follow, sticking the second network with a high-priced flop. Offers poured in. Smith will also assume the new roles of CNBC's Chief General News Anchor and Chief Breaking General News Anchor as well as Executive Editor of The News with Shepard Smith. All rights reserved. None of our senior leadership team has ever sat down and talked about [it]. I looked around and said, What is my future? And I decided I wanted something different, for a million different reasons., Smiths departure stunned his news-side colleagues, who considered him a truth-telling counterweight to Foxs Trump-or-die opinion hosts. The quality journalism Shep and his team delivered each weeknight was exemplary and not lost on us or our 7 p.m. audience. But what happened to the show? Since his debut in late September, The News With Shepard Smith has averaged a modest 280,000 viewers each weeknight at 7 p.m. Thats twice as many viewers as the Shark Tank reruns it replaced but a fraction of the 2million-plus viewers that CNN, Fox and MSNBC each attract at the same hour. Furthermore, he tied for second with Dan Rather and Peter Jennings as the most-trusted news anchor on both network and cable news. The idea was to create a bridge between CNBCs daytime programming its lucrative stock market and business coverage and its nighttime schedule, long a mishmash of Shark Tank, Jay Lenos Garage, documentaries and retreaded game shows such as Deal or No Deal.. Shepard Smith - Wikipedia For non-personal use or to order multiple copies, please contact The show was the first hosted by Smith since his departure from Fox News in 2019. On October 11, 2019, he made an announcement that he was leaving Fox News. He grew up in Holly Springs, MS and currently resides in New York City. 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. Sources emphasized that this is not a cost-cutting move. He wrote on LinkedIn about his dads job loss. 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. Smith, 56, says hes been so focused on producing his show that he hasnt spent much time thinking about how many people are watching it. Members of the media can receive more information about CNBC and its programming on the NBCUniversal Media Village Web site at http://www.nbcumv.com/programming/cnbc. Acorns allows customers to automatically invest in a low-cost, diversified portfolio of exchange-traded funds offered by some of the world's top asset managers (including Vanguard and BlackRock). . Shepard Smith Talks Leaving Fox News: "I Stuck With It For As Long As I It was the first show the anchor had led in the 7 PM slot since leaving Fox News, where he was the chief news anchor for the outlet for over two decades. The end of "The News with Shepard Smith," which will air its final episode later this month, comes a little more than two years after CNBC launched the show with high hopes that a straight . The Hollywood Reporter is a part of Penske Media Corporation. ENGLEWOOD CLIFFS, N.J., July 8, 2020 Award-winning broadcast journalist Shepard Smith will join CNBC, it was announced today by CNBC . I am honored to continue to pursue the truth, both for CNBCs loyal viewers and for those who have been following my reporting for decades in good times and in bad, Smith said. More details about The News with Shepard Smith will be released in the coming months. Sign up for free newsletters and get more CNBC delivered to your inbox. 'News With Shepard Smith' Set Immerses Audience, Anchor in Video It's free. CNBC at night features a mix of new reality programming, CNBC's highly successful series produced exclusively for CNBC and a number of distinctive in-house documentaries. Ex-Fox News Anchor Shep Smith to Host on CNBC - InsideHook Jane ", Hoffman added: "Shep's newscast will tap into his extensive experience and deep passion for breaking news, in-depth storytelling and incisive interviews and serve as the perfect bridge between CNBC's daytime investor-focused news programming and the network's aspirational business-oriented entertainment programs in primetime. But no incoming affected what I did. What was so surprising was the fact that for 23 of those years, Shepard was with Fox News. This story has been shared 178,050 times. Our weekly newsletter delivers the latest broadcast industry news to your inbox including new debuts, case studies, thought leadership and broadcast gear updates. I believe this decision will ultimately help to strengthen our brand and the value we provide our audiences. I am excited to be working with the exceptional talent at CNBC and eager to build a team focused on uncovering the news behind the headlines.". A vocal critic of Donald Trump who often drew the presidents wrath, Smith worked at Fox News for 23 years before his departure in the fall. I dont think [Smith] is set up for success, he said. Theres more room for the thoughtful presentation of issues that doesnt involve panels and opinion and screaming, he said. None of what youll find on the cable news programs its up against. Huckberrys Entire Sale Section Is an Extra 15% Off. Smith always presented himself as an unbiased an. As part of CNBCs overall strategy of focusing more on business news, the program will explore the connection between the markets, culture and policy. CNBC Host Shepard Smith Isn't Married, but He Does Have a Longtime Partner . It appears CNBC has mostly used the LED video panels and lighting cues to update the Studio B set, as opposed to making any major structural changes. There is no doubt, therefore, that he has accumulated a decent fortune over the years. If you click these links and make a purchase, NewscastStudio may receive a small commission. We aim to deliver a nightly program that, in some small way, looks for the signal in all the noise.. Smith will also assume the new roles of CNBC's Chief General News Anchor and Chief Breaking General News Anchor as well as Executive Editor of The News with Shepard Smith. ", Hoffman added: "Shep's newscast will tap into his extensive experience and deep passion for breaking news, in-depth storytelling and incisive interviews and serve as the perfect bridge between CNBC's daytime investor-focused news programming and the network's aspirational business-oriented entertainment programs in primetime. From 2013-2019, he was additionally the anchor of Shepard Smith Reporting. Weve had no discussions about ratings with our staff. I realized I still wanted to tell the stories of our time again. 2023 CNBC LLC. Stories that brim with optimism. CONTACT CUSTOMER CARE - CNBC Help Center - Zendesk This occurred in an interview published Monday by The Huffington Post. These colors are used heavily in the on-screen animations used in the promo, which center around a flat design with both solid and outline text in Gotham along with small squares, outlined elements and some smaller micro applications of lines, text and squares. 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. "The News With Shepard Smith" is CNBC's nightly newscast providing deep, non-partisan coverage and perspective on the day's most important stories. When typing in this field, a list of search results will appear and be automatically updated as you type. 0. I've stayed with Fox News because of my relationship with Roger Ailes," Smith wrote in an email shared by The Daily . Smith joining CNBC could be a sign of things to come at the network. If youre looking for levity, look no further. The scenario describes Megyn Kellys departure from Fox in 2017 and her subsequent flameout at NBC. Shepard Smith, One Of Television's Most Talented News Anchors, Was He was born on January 14, 1964, in Holly Springs, Mississippi, United States. CNBC to Launch Evening News Program Anchored by Smith. Thus the decision to cancel the show was made, and the anchors final show aired this month. Acorns' smart portfolio algorithms automatically work in the background of life, helping users build wealth naturally, pennies at a time. Alex is our main author for trending content on CNBCPosts.com. The business news channel is filling that hour with a new show named Last Call, anchored by Brian Sullivan. Data is a real-time snapshot *Data is delayed at least 15 minutes. from 8 AM - 9 PM ET. To that end, we have decided thatThe News with Shepard Smithwill have its final newscast later this month. This is Shep being Shep. The veteran journalist, who . CNBC. Shepard Smith had been at Fox News since the beginning, but he departed from the network in October of 2019. F ormer Fox News anchor-turned- CNBC host, Shepard Smith, is out effective immediately at the network. He grew up in Holly Springs, MS and currently resides in New York City. (A Fox spokeswoman declined to comment on Smith, instead referring to the networks supportive comments when he left last year.). . Smiths estimated net worth is $867,786. Over 23 years he rose from field correspondent to the face of Foxs news operation, anchoring almost every major breaking story and at one point presiding over two daily news shows. "CNBC Chairman Mark Hoffman, a journalist himself at his core, presented me with CNBC's vision for a fact-based, hour-long evening news program with the mission to cut through the static to deliver facts, in context and with perspective. Shepard Smith's full interview with White House Press Secretary Jen Psaki. "The News With Shepard Smith" is CNBC's nightly newscast providing deep, non-partisan coverage and perspective on the day's most important stories. More details about The News with Shepard Smith will be released in the coming months. The newscast, which will launch in the Fall, will cover the most significant news stories of the day and will feature the well-respected, fact-based storytelling that has been the hallmark of his 30-year career. CNBC Cancels Shepard Smith's 'The News' - The Hollywood Reporter Copyright 2023 InsideHook. 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. Sign up for InsideHook to get our best content delivered to your inbox every weekday. NewscastStudio, The trade publication broadcast production and related marks and trade dress are marks of NewscastStudio. It looks like the network had the best of intentions, but the show failed to live up to the expectations. 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. However, the show failed to live up to the networks expectations, and the audience the show did garner was not enough. Its easy-to-use, mobile-first technology makes it simple for anyone to set aside and invest life's spare money. "We aim to deliver a nightly program that, in some small way, looks for the signal in all the noise. 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. Shepard Smith was a big catch for CNBC. But the viewers haven't On October 11th, 2019, Smith announced he resigned from Fox News after 23 years. He earns his income through his career as a CNBC correspondent. What we have to do is build a great newscast . In that sense, the name was likely meant more as a reference to the last call at a bar given the late-night timeslot. However, Smith and Virginia divorced in 1993 having no children. His mandate at CNBC was to host a straight-ahead general news program, and while he boosted the channels ratings at 7 p.m. doubling the outlets previous audience in the hour it never approached the numbers of the big three cable news channels: Fox News, MSNBC and CNN. So the question remains: What happened to The News with Shepard Smith? A Division of NBCUniversal. Prior to Shepard Smith Reporting, Smith anchored The FOX Report and Studio B. Smith studied journalism at the University of Mississippi. However, after high school, his parents separated and he moved to Florida with his mother. Distribution and use of this material are governed by CNBC Reshuffles Lineup, Brian Sullivan Takes Over Shepard Smith's 7 pm ESPN Films Donning Pinstripes for The Yankees Win Documentary, This Town Is One of the South's Best-Kept Secrets, NFL Player Survey Reveals Leagues Worst Team and Its Not a Surprise, 21-Year WhistlePig, A Sub-Dial Timex Marlin and the Most Cushioned Hoka Ever, Introducing: The Marathon 46mm Arctic JDD, 21 Dopamine-Inducing Sneaker Deals to Ease You Into the Weekend, The Best Air Purifier for Every Type of Home, Its Your Last Chance to Take $700 off the Mirror, Fullys Sale Is the Home Office Furniture Blowout Youve Been Waiting For. CNBC Cancels Shepard Smith's Show Amid Business-News Push. The newscast, which will launch in the Fall, will cover the most significant news stories of the day and will feature the well-respected, fact-based storytelling that has been the hallmark of his 30-year career. I am honored to continue to pursue the truth, both for CNBC's loyal viewers and for those who have been following my reporting for decades in good times and in bad," said Shepard Smith. . The News with Shepard Smith will debut this fall in the 7-8 p.m. time slot on weeknights on the cable news business channel. Shepard Smith is out at CNBC after network brass canceled his much-hyped nightly news program just two years after its launch. Shepard Smith April 7, 2021. The News with Shepard Smith - Wikipedia When Shepard Smith landed at CNBC in September 2020, it was a somewhat shocking choice. Snow Report: The 20 Greatest Cocaine Scenes in Movie History, The Legacy of "M*A*S*H" And TV's Best Series Finales, Curt Schilling Teaming Up With Clay Travis at OutKick Is a Perfect Fit. A child learned his favorite waiter was struggling. 2023 The Hollywood Reporter, LLC. The good news, Lukasiewicz said, is that CNBC and Smith arent repeating the Megyn Kelly debacle: I dont think theyre making [Smith] into something he isnt. Is Matt Ryan Retiring From the NFL to Pursue a Career in Broadcasting? How breaking news got panelized: On cable, journalists and pundits increasingly share space. CNBC also offers content through its vast portfolio of digital products such as: CNBC.com, which provides real-time financial market news and information to CNBC's investor audience; CNBC Make It, a digital destination focused on making you smarter about how you earn, save and spend your money; CNBC PRO, a premium service that provides in-depth access to Wall Street; a suite of CNBC mobile apps for iOS and Android devices; Amazon Alexa, Google Assistant and Apple Siri voice interfaces; and streaming services including Apple TV, Roku, Amazon Fire TV, Android TV and Samsung Smart TVs. How To Touch Up Kitchen Cabinets With Paint Chips, How Doculivery ABM Helps Manage Documents for Your ABM Marketplace, A Beginners Guide To Studying Kinesiology, Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window), Click to share on Pinterest (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to share on Reddit (Opens in new window), Click to share on Tumblr (Opens in new window), Click to email a link to a friend (Opens in new window), Top 5 Health Insurance Companies In Canada, https://www.facebook.com/profile.php?id=100063189520416. The quality journalism Shep and his team delivered each weeknight was exemplary and not lost on us or our 7pm audience. . CNBC announced that Shepard Smith was joining the network on July 8, which with the show debuting in the fall, called for an extremely fast-paced construction, especially considering the average build time for a set, according to Fastook, is 35 weeks. The CNBC business day schedule features numerous shows with references to Wall Street ranging from Squawk Box, The Exchange, Power Lunch, Street Signs and Closing Bell.. We want to hear from you. Acorns is accessed simply and easily via the app for iPhone, Android or desktop. Stop doing that, or this interview will end: How the smackdown took over cable news in 2020. To learn more, visit https://www.cnbc.com/digital-products/. The United States Tennis Association and the U.S. Open are hoping Novak Djokovic is successful in his bid to enter the country after the Serbian, who is not vaccinated against Covid-19, applied . On November 3, 2022, CNBC canceled the program after two years, and Smith announced his . But the focus has shifted, and Smiths last show aired the latter part of the month. If we're not careful life-altering decisions will be made based on half-truth, rumor, misdirection or worse," said Mark Hoffman, Chairman of CNBC. Get this delivered to your inbox, and more info about our products and services. He is best known for his 23-year career at Fox News Channel, which he joined at its 1996 inception and served as a chief anchor and managing editor of its breaking news division. Most recently, he served as chief news anchor of the network and managing editor of the breaking news division. Shepard Smith Talks Leaving Fox News: "I Stuck With It For As Long As I He will be based at CNBC Global Headquarters in Englewood Cliffs, N.J. effective July 13th. What Happened to 'The News with Shepard Smith'? CNBC Posts A stranger stepped up, and now theyre friends for life.. This story has been shared 121,776 times. The anchor first arrived in the fall of 2020 to bring a non-partisan, general news program to the early evening slot. 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. He works as the host of The News with Shepard Smith. It also marked the first time the anchor had been the face of the show since his departure from Fox News. This isnt the first show in the NBCUniversal family to use the name Last Call it was previously a late night talk show hosted by Carson Daly that aired from 2002 to 2019.