Fox News cancels Lou Dobbs’ nightly business show, Lou Dobbs Tonight

Fox News has canceled Lou Dobbs' show on the Fox Business Network, Lou Dobbs Tonight, and will replace him with a group of rotating hosts.  

Dobbs' show, which has been on since 2011, has been the highest rated show on Fox Business, and had higher ratings than its competition on CNBC. 

Dobbs was a staunch defender of President Trump. He was also among the defendants named in Smartmatic's $2.7 billion defamation lawsuit filed this week against the Fox Corp. The suit also named Judge Jeanine Pirro, Maria Bartiromo, Sidney Powell and Rudy Giuliani. It alleges that they all spread lies that the company had been involved in rigging the outcome of the 2020 presidential election. 

A Fox News spokesperson said of Dobbs' cancellation, "As we said in October, Fox News Media regularly considers programming changes and plans have been in place to launch new formats as appropriate post-election, including on Fox Business – this is part of those planned changes. A new 5 p.m. program will be announced in the near future."

According to the Los Angeles Times, which was first to report this story, Dobbs is unlikely to return to the network but at this time he is still under contract.