Posted on 04/14/2009 6:34:59 PM PDT by St. Louis Conservative
News Corp. chairman Rupert Murdoch on Tuesday announced the creation of a new unit to share content and resources across his vast media empire. John Moody, executive vice president at the FOX News television channel, will head the operation, News Corp. said in a statement.
"In this new role, Moody will collaborate with news chiefs across all News Corporation properties to improve news gathering efficiencies and identify areas of cost savings," the statement said.
It said Moody "will also investigate the company's worldwide contracts and reliance on global news services."
"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," Murdoch said.
Moody said he was "honored to embark on this new venture at a critical time in our industry when change so often begets opportunity.
(Excerpt) Read more at breitbart.com ...
Murdoch should just wait... AP keeps going the way they’re going... Murdoch could just buy AP for pennies on the DOLLAR!!
Or could it be Murdoch cutting in on THE new york times?
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