Breaking News service ran by the team behind News Breaking LIVE, which published breaking news to Twitter for over 10 years Shepard Smith is leaving CNBC after his show, “The News with Shepard Smith,” was canceled on Thursday, according to the network .
Smith’s primetime news show has been canceled after just two years on air.
Smith joined the business news network after a long career at Fox News.
In an email sent to employees on Thursday, CNBC President KC Sullivan said, “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.
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.” Sullivan had taken over the network in September from Mark Hoffman, who ran the network since 2005.
CNBC notes that “Smith joined CNBC two years ago from Fox News to bolster primetime TV ratings.
His show accomplished that, doubling CNBC’s 7 p.m.
ET viewership and bringing in the wealthiest audience of any primetime cable news program over the last two years, according to Sullivan. “The News with Shepard Smith” had its largest average audience last month since April.” Smith’s show will be replaced by a primetime markets show following the cancellation and a new live show “focusing on business news” will launch in 2023, the network says.
Smith’s show will come to an end this month, after which he will depart the network.
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Expand Breaking News service ran by the team behind News Breaking LIVE, which published breaking news to Twitter for over 10 years More from News Breaking LIVE At least 100 cars were involved in a massive crash Friday morning on a Colorado highway, following several inches of snow the night prior, KUSA reports.
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Officials with the U.S.
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ET.
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U.S.
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U.S.
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U.S.
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