Former Fox News anchor Shep Smith heads to CNBC to host evening newscast

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Former Fox News anchor Shep Smith heads to CNBC to host evening newscast
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Shep Smith, who stunned the television news industry by walking away from Fox News in the middle of a three-year contract last fall, is joining CNBC as the network's new 7 p.m. Eastern anchor.

Smith will anchor"The News with Shepard Smith" starting sometime in the fall,

, which is known for specialized business news reporting, not Smith's brand of breaking news coverage.But the business network has been exploring new scheduling strategies for the post-market hours, and Smith appears to be part of that."We aim to deliver a nightly program that, in some small way, looks for the signal in all the noise,"

."Read MoreSmith said that Hoffman"presented me with said he will also be the network's chief general news anchor, indicating that he may break into other hours of the day for live coverage.The other NBC-owned news channel,

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