News Corp Forms Unit To Share Content Across Properties

News Corp announced Tuesday the creation of a new unit to coordinate its various editorial assets and to "allow its worldwide editorial properties to share content and resources."

In making the announcement, CEO Rupert Murdoch called the new portal "vital to our success as a global media entity."

Murdoch has tapped John Moody, who had been Fox News' Executive Vice President of News Editorial, to oversee the new unit. Moody will be charged with improving newsgathering efficiencies and identifying cost-savings across News Corp's various properties, and will report directly to Murdoch.

"John's strong editorial judgment is one of the reasons FOX News is the leading news network in America. I expect he'll lend the same experience and discipline to this new endeavor," Murdoch said in the announcement.

"If done well and used properly, this is a great idea," Business Insider's Dan Frommer wrote. "There's probably a lot of work being needlessly done two or more times by different News Corp properties. Papers like the New York Post have a lot to gain (and little to lose) by getting better access to Wall Street Journal content, and vice-versa."

News Corp properties include the Fox Broadcasting Company, Fox News Channel, Fox Business Network, the New York Post, the Wall Street Journal, The Times of London, The Sun, News of the World, and various Australian newspapers.

Moody will be replaced as the head of Fox News' hard news side by Michael Clemente, an ABC News veteran who joined Fox News in February.

"In his few months at FOX News, Michael has already proven to be a serious journalist with tremendous credentials in both editorial and television, having worked with some of the world's leading journalists throughout his career," Fox News chairman Roger Ailes said in a subsequent announcement. "He understands news programming and has the skill and expertise to command the editorial and television production process."

Comments

[Jaladeno]

04:30 PM on 04/16/2009

I'm sure it is much easier to cite "anonymous sources" when they are already on your payroll.

[BabblingBrooks]

10:08 AM on 04/16/2009

Makes sense to me what NewsCorp's doing.

[fredamae]

09:39 AM on 04/16/2009

Go ahead...Create and charge a fee...But, UNLESS and UNTIL, the News is Also The Truth...sans Personal Bias...and Not inclusive of Endless Britney Spears "stuff" and a Play by play, moment by moment stream of F*eces like the coverage of Nicole Smith, "octo-mom" palin's drama's, the bickering between Celebs, and "BO, the WH Dog"..and WAAAAY too Many ETC's then as in NewsPrint....................I will Not Buy it!

[flossophy]

06:11 AM on 04/16/2009

budding pr0gressives don't get it...

Faux is where the Objectivists go to consume their news... if they didn't like it, they wouldn't watch.

[John Connor]

10:31 PM on 04/15/2009

The new news network is called Skynet. It has been designed to protect humanity. On August 29, 2012, it will decide that humanity is its own biggest threat and wage nuclear war. This my friends wil lbe called Judgment Day. Why? Because the world's single news source will tell us that is what it is called and we will passively sit back and listen the way we ahve been trained to.

When did the world stop looking for multiple points of view? Why does no one question the answer?

Less perspective is dangerous. We need more eyes on each issue. More than one point of view on each incident.

If we allow ourselves to be fed our beliefs we deserve to be blown-all-to-hell.

For those who live in a box, Skynet and Judgment day are Terminator references. Get the net.

[tomasedison]

10:30 PM on 04/15/2009

FOX does hire nice looking newsmodels...I have to give them credit for that

[larry278]

09:30 PM on 04/15/2009

Mr Murdoch: When you bring the SUN's, "P 3" , to the NY POST-please use American based models. "P 3" & the WSJ aren't a good match, even if you shrink the WSJ to tabloid size as you turn the WSJ into a general interest paper. We Americans are Puritan, Prudes. You do still want to make money, your Rupertship? Look at what happened to Spitzer & Edwards. I mean, Newt Gingritch has become a Roman Catholic. The memory of Newt telling his wife as she was recovering from cancer surgery that he was leaving her for another woman has been. Teddy Kennedy's accident on the Cape that left Mary Jo dead has been forgotten. OK, OK--NRA types won't let us forget that. But NRA's Wayne La Pierre holds grudges against those who favor gun control. The only gun control Wayne acknowledges is hitting your target from 50 yards.

[kandlefly]

02:47 PM on 04/15/2009

Only thing to improve Fox is total closure

[foresight]

09:03 AM on 04/15/2009

They SHALL .call it exactly as they see themselves......................................."GLOBAL THINK SPEAK"


The New World Order media for the most part has become the product of George Orwell and views the American People as.,,,,,,,,,,,,,,Mindless

Do we have to create a law against Brain Wash now that the FCC has died and gone to Hell. Come home America and talk to your neighbors they are more credible. Set yourself free and wean youself from the Hog Wash and stand back and watch present politics of paronoia self destruct. We have a Constitution to rely on with the exception of the illegal ammendments of 1913.

[brklynivn]

08:35 AM on 04/15/2009

What are they going to call it, The Propaganda Portal?

[solarian]

08:15 AM on 04/15/2009

now they can cordinate the lies

[liberalsrheros]

02:38 PM on 04/15/2009

they always had the white house talking points to work off before, they're just filling the void reality has left.

[yoli647]

08:13 AM on 04/15/2009

FoxNews will not never stop the exageration, it caters only to the nuts, ignorants and ultra conservatives of the country. They might be "#1" on Cable, but let's put together MSNBC, CNN and the rest of the morning news shows who report the news and not make up the News like you do, and it beats you.

[Ryoki]

07:20 AM on 04/15/2009

"Journalists"? Thats like calling the cook at Burger King "chef".

[DJE12857]

07:31 AM on 04/15/2009

What a perfect analogy Ryoki

[LWilkinson315]

08:27 AM on 04/15/2009

LOL Great--

[MajorKong]

06:58 AM on 04/15/2009

Pravda had more shame than Fox News.

[Dogger]

06:45 AM on 04/15/2009

"Moody will be charged with improving newsgathering efficiencies and identifying cost-savings"

Don't they save enough already by just making stuff up?