News Corp (NYSE: NWS). isn’t immune to the advertising cutbacks that are squeezing news organizations both online and offline, and so Rupert Murdoch wants his various properties to start sharing more. The company is setting up a new unit designed to share content from all of News Corp.’s global sources. The News Corp. editorial portal will be headed by John Moody, who has been EVP for News Editorial at Fox News. Moody will report directly to Murdoch.
The new post calls for Moody to work with news chiefs across all News Corporation properties to find ways to pool reporting resources and cut costs. Before coming to Fox, Moody spent 14 years at Time magazine and last held the post as the newsweekly’s NY bureau chief.
Robert adds: In the UK, we are expecting future integration of WSJ.com with News International