He wrote on LinkedIn about his dads job loss. 0. A stranger stepped up, and now theyre friends for life.. But the focus has shifted, and Smiths last show aired the latter part of the month. ", 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. Jul 08, 2020, 14:54 ET. In that sense, the name was likely meant more as a reference to the last call at a bar given the late-night timeslot. When Shepard Smith landed at CNBC in September 2020, it was a somewhat shocking choice. Smiths estimated net worth is $867,786. He will be based at CNBC Global Headquarters in Englewood Cliffs, N.J. effective July 13th. Lukasiewicz, now the dean of Hofstra Universitys communications school, said CNBC has put The News in an odd time slot, out of step with the prevailing cable model in the evening. CNBC to Launch Evening News Program Anchored by Smith. Shepard Smith is an American broadcast journalist. CNBC confirmed the end of "The News with Shepard Smith" in. Smith stands at a height of 5 ft 10 in (Approx. Former Fox News anchor Shepard Smith is set to join CNBC as the host of a new nightly newscast. 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. There were rumors he was going to CNN but thus far I havent seen any updates. 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. Currently, he works for NBC News and CNBC, where he serves as a chief general news anchor. JOURNALISTS, USA JOURNALISTS' BIOS On Nov. 3, 2022, CNBC announced that it would be canceling The News with Shepard Smith.Apparently, the network is looking to replace Shepard's show with a "new live show focusing on business . "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. 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. Im all for more of that.. 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. CNBC Host Shepard Smith Isn't Married, but He Does Have a Longtime Partner . The wide shots showcase more of the space, including the camera hes speaking to. For non-personal use or to order multiple copies, please contact 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. Alex is our main author for trending content on CNBCPosts.com. Prior to Shepard Smith Reporting, Smith anchored The FOX Report and Studio B. Mr. Smith's final show will be. We want to hear from you. And the viewers of The News with Shepard Smith will have to look elsewhere for the news they sought from the iconic journalist. But the focus has shifted, and Smith's last show aired the latter part of the . I really really really miss Shep! What was so surprising was the fact that for 23 of those years, Shepard was with Fox News. Theres more room for honest newsgathering and careful presentation of the facts. Smiths program may also be a kind of experiment in corporate synergy, as suggested by the presence of NBC News stars such as Roker and Engel. 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 aim to deliver a nightly program that, in some small way, looks for the signal in all the noise. Former Fox News anchor Shepard Smith is set to join CNBC as the host of a new nightly newscast. All Rights Reserved. He thought about getting out of TV news altogether but found as offers rolled in that he still had the itch. Shepard Smith is a 58-year-old American journalist. Smith says hes game for an expansion of news across the vast acreage that NBC controls. 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. Sign up for NewscastStudio's weekly newsletter. and small ones (such as a recent story about pet names that have become popular during the covid era). Its replacement will launch in early 2023, though a title and anchors for the show have yet to be announced. (A Fox spokeswoman declined to comment on Smith, instead referring to the networks supportive comments when he left last year.). He will be based at CNBC Global Headquarters in Englewood Cliffs, N.J. effective July 13th. Sign up for free newsletters and get more CNBC delivered to your inbox. Acorns financial wellness system now includes all-in-one investing, retirement, and checking accounts for all ages, Smart Deposit, personalized insurance options, and tools to earn more money. The studio features Last Call branded graphics that use a grid-like motif in blue, gold, white and black. "Much like our coverage of the Coronavirus pandemic, CNBC reporters and producers can go beyond the financial markets to tell rich, deeply-reported stories across the entire landscape of global news. Smith says hes especially pleased by what isnt there: No panel discussions, no debates, no shouting matches or partisan opinions. The Hollywood Reporter is a part of Penske Media Corporation. However, the show failed to live up to the networks expectations, and the audience the show did garner was not enough. CNBC, Last Call, news promos, promos, studio b, TV Promos, Video Walls, Broadcast Industry News, Cable News, Featured, News Promos and Sports Promos. In the virtual news desert of after-market-hours-CNBC, Smith's talent was wasted. There is no doubt, therefore, that he has accumulated a decent fortune over the years. 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. 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 show, which will explore the intersection of money, culture and policy, comes after CNBC .css-1h1us5y-StyledLink{color:var(--interactive-text-color);-webkit-text-decoration:underline;text-decoration:underline;}.css-1h1us5y-StyledLink:hover{-webkit-text-decoration:none;text-decoration:none;}canceled Mr. Smiths 7 p.m. general-interest show in a bid to focus more on business-news coverage. Shepard Smith has opened up about why he decided to leave Fox News in 2019 after 23 years at the network.. 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. How a clock inspired the new home of The News with Shepard Smith. 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). But it may be an emerging story line for a second Fox refugee drawn to NBC, newsman Shepard Smith. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Stories that brim with optimism. "Information is coming at us from every direction. Smith will anchor a new one-hour evening news program titled The News with Shepard Smith, airing Monday through Friday at 7pm ET. 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. All rights reserved. Moreover, his father is a cotton merchant whereas his mother isan English teacher. 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. Mr. Sullivan previously anchored Worldwide Exchange at 5 a.m. Continue reading your article witha WSJ subscription, Already a member? (Richard Drew/Associated Press) Article. Furthermore, he tied for second with Dan Rather and Peter Jennings as the most-trusted news anchor on both network and cable news. A child learned his favorite waiter was struggling. If were not careful life-altering decisions will be made based on half-truth, rumor, misdirection or worse. 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.". 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. On October 11, 2019, he made an announcement that he was leaving Fox News. It was the first time the network had dedicated the evening to general news, as its focus is usually on financial and market news. Sign up for free newsletters and get more CNBC delivered to your inbox. He was born on January 14, 1964, in Holly Springs, Mississippi, United States. Information is coming at us from every direction, CNBC chairman Mark Hoffman said. Thank you for your continued dedication and professionalism as we work through these changes. 1.7 m). It went on the chopping block as part of a larger "strategic . If youre looking for levity, look no further. So if it isnt attracting a crowd right now, when would it? The News even finishes behind CNBCs main rival, Fox Business Network, which airs a rerun of Trump-loyalist commentator Lou Dobbss program. . At least one valid email address is required. 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. 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. Change is difficult, particularly when talented, good people are impacted. This is Shep being Shep. 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. Shepard Smith, above in a Fox News studio in 2017, before he left the network and joined CNBC. Though the show may be gone, the legacy of the anchor remains. I've stayed with Fox News because of my relationship with Roger Ailes," Smith wrote in an email shared by The Daily .