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CNBC axes Shepard Smith's news program amid broader 'strategic 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. ENGLEWOOD CLIFFS, N.J., July 8, 2020 /PRNewswire/ -- Award-winning broadcast journalist Shepard Smith will join CNBC, it was announced today by CNBC Chairman Mark . . Stop doing that, or this interview will end: How the smackdown took over cable news in 2020. CNBC cancels Shepard Smith's show in bid to prioritize business news . Most recently, he served as chief news anchor of the network and managing editor of the breaking news division. CNBC confirmed Friday that the "last newscast was Wednesday, November 2," in an update. . CNBC announced the 56-year-old is joining the network to serve as the anchor for a new one-hour evening news program. By Rick Porter. 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. Get this delivered to your inbox, and more info about our products and services. Shepard Smith at Fox News Channel Studios on in New York City. Smith always presented himself as an unbiased an. CNBC's Kelly Evans talks with Shepard Smith ahead of his show premiere this evening. 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. 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. Topics: afghanistan, taliban, cnbc, white house, kentucky, texas, new york, fda, blinken, fbi, nfl, shepard. However, Smith and Virginia divorced in 1993 having no children. All rights reserved. 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. He is a man of average stature. Stories that brim with optimism. Much of the sets original design was centered around the angle the hands of the clock form at 7 p.m. along with long, horizontal LED ribbons with gaps between them that were positioned to serve as both background elements and a nod to the networks iconic ticker. More details about The News with Shepard Smith will be released in the coming months. . Subscribe herefor our free daily newsletter. 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. Maybe follow his Facebook fan page to see if they post more updates about his next venture. Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. But he wouldnt be the first that could be said of., He speculated that NBC News could have bigger plans for Smith.