Neil Kabuto will be leaving Fox, where he has lived for many years, for the first time in about 30 years.
In a statement provided to USA TODAY on Thursday, Fox News paid tribute to Kabuto, who has been with the cable network since its launch in 1996.
“Neil Kabuto’s illustrious career has been a masterclass in journalism, and we are extremely proud of his incredible accomplishments during his 28 years at FOX News Media. His programs define business news. We wish him all the best in his next chapter. ”
Mr. Kabuto’s contract runs through the end of 2024, according to a person familiar with the situation who was not authorized to speak publicly to USA TODAY, adding that Mr. Kabuto’s contract runs through the end of 2024, leading to pay cuts across the industry. Quoted from “Evolution.” The anchor, who typically covers business topics, was given the chance to stay but declined.
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The person said Thursday that Fox will announce a new programming schedule for 2025, and that Kabuto’s show will feature rotating guest hosts until next year.
Kabuto currently presents “Your World” weekdays at 4pm ET on Fox News Channel and “Kabuto Coast to Coast” weekdays at noon ET on Fox Business Network. Anchoring. On Saturday, we’ll be hosting “Cavuto Live” at 10 a.m. ET.
Before joining Fox News in August 1996, Kabuto worked as an anchor and host for the network’s top-rated show Market Wrap, according to Fox. He hosted over three hours of live programming on NBC’s business-oriented channel.
Kabuto’s departure marks a series of notable changes across the television industry this year. In late September, Hoda Kotb announced that she was retiring “today,” calling the decision “the hardest thing in the world.” She said turning 60 over the summer was a “momentous” moment that made her think about the next 10 years.
Fox News has also seen some departures, with President-elect Donald Trump nominating several former network personalities to key positions in his next Cabinet. Controversial Secretary of Defense nominee Pete Hegseth is a former co-host on “Fox & Friends,” while Transportation Secretary nominee Sean Duffy and future “Border Czar” Tom Homan are also former Fox co-hosts. It’s a personality.
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Contributor: Brendan Morrow
