(TheRedAlertNews.com) – BREAKING NOW: Just moments ago, CNBC announced it is booting Shepard Smith from the network after just two years on-air.
Smith formerly hosted a show for many years on Fox News.
According to CNBC:
“NBCUniversal’s CNBC has canceled “The News with Shepard Smith,” its primetime general news show, to refocus on business and market coverage.
“The network announced the news Thursday in an e-mail to CNBC employees. Smith will be leaving the network later this month, according to a person familiar with the matter. CNBC will replace Smith’s primetime show with markets coverage until a new live show focusing on business news launches in 2023.” [emphasis added]
“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 Shephard Smith” had its largest average audience last month since April.” [emphasis added]
So far, there’s been no comment from Smith and no indication of his future plans.
THIS IS A BREAKING NEWS ITEM FROM RED ALERT NEWS.
CNBC has canceled 'The News with Shepard Smith' after two years as the network seeks to strengthen its focus on business news https://t.co/bOaTOW8LNw
— CNBC (@CNBC) November 3, 2022