Sharing News at News Corp
In an attempt to cut costs and continue the search for a more effective business model for journalism, News Corp. announced a plan this week to create a new unit to facilitate sharing content and resources across News Corps’ different entities, including Fox News, News International and Dow Jones. According to Brand Republic:
John Moody, who was previously executive vice-president of news editorial for Fox News, will oversee the new unit and report directly to Rupert Murdoch, News Corporation chairman and chief executive.
Moody will collaborate with the news chiefs across all News Corporation editorial operations, including Sky News, Fox News and The Wall Street Journal, to improve news gathering and identify cost savings. He will also investigate the company’s worldwide contracts and reliance on global news services.
[via Brand Republic]