Shepard Smith out at CNBC as network shifts focus
by Maria Leaf, Senior Engagement Editor
November 03, 2022 01:45 PM
After just two years, CNBC is pulling the plug on Shepard Smith's prime-time show, The News with Shepard Smith.
The move is being done to "refocus on business and market coverage," the network said in a statement.
“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,” CNBC President KC Sullivan said in an email to CNBC employees. “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 show will end later this month. A final air date has not been announced. The network also has not indicated who will fill that time slot.
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