Rupert Murdoch owned News Corporation announced today that it is setting up a new company unit "to find ways to pool reporting resources and cut costs". The editorial portal will be lead by John Moody, Executive Vice President for News Editorial at Fox News. Moody will work with news chiefs across all News Corp. properties and report directly to Murdoch.
Prior to joining News Corp. Moody spent 14 years at Time Magazine as a writer and bureau chief, most recently as its New York Bureau Chief. He began his journalism career at United Press International in 1975 as the wire service's Moscow Bureau Chief. He also served as the Chief of the Paris Bureau.
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