News Corp. Creates Editorial Portal

NEW YORK: News Corporation has established a new unit that will allow its editorial properties around the world to share content and resources, to be led by FOX News executive John Moody.

Announcing the new portal, Rupert Murdoch, the chairman and CEO of News Corporation, noted: “The creation of a new unit designed to share valuable news content and harness the power of News Corporation’s vast editorial resources is vital to our success as a global media entity.”

Moody, previously the executive VP of news editorial for FOX News, will report directly to Murdoch, collaborating with news chiefs across all News Corp. properties to improve news gathering efficiencies and identify areas of cost savings. He will also look into the company’s worldwide contracts and its relationships with global news services. “I’m honored to embark on this new venture at a critical time in our industry when change so often begets opportunity," Moody said. "News Corporation has embraced innovation like no other company in today’s media landscape. I look forward to being a part of that remarkable dynamic.”