Fox News Absorbs Newscore, Promotes Two Executives

4:22 PM PST 06/06/2012 by Michael O'Connell

The cable network takes over day to day operations of News Corp's wire service, upping its own SVP of news editorial and Newscore's CEO in the process.

Fox News chairman and CEO Roger Ailes announced Wednesday the elevation of two executive within the cable network's hard news division. Simultaneously, Fox News will assume day to day operations of News Corp.'s wire service, Newscore.

Established in 2009, Newscore serves as a global wire service to feed stories from all News Corp's journalistic properties to other outlets. As a part of the move, Newscore CEO John Moody returns to Fox News, where he'll now serve as executive editor and EVP.

Fox News' SVP of news editorial Michael Clemente has been upped to EVP of news editorial.

“As our fiscal year comes to a close, I’ve determined that Newscore will operate more efficiently and effectively inside FOX News," Ailes said in a statement. "This move will strengthen our overall newsgathering capabilities and enable us to operate at an even higher level.”

In regards to the appointments, both Clemente and Moody will report directly to Ailes, with Clemente running operations of the entire news division and Moody serving as a senior adviser on editorial matters and serving as executive editor of foxnews.com.

“John’s extensive experience in news for the past several decades both in television and in print remain unmatched in the industry," said Ailes. "John helped us become the number one news network and I look forward to working closely with him again... Michael Clemente is one of the most seasoned television news executives in the business. He continues to have the mindset of both a journalist and the instincts of a television programmer which have served the network very well during his tenure.”  

Befoire the launch of Newscore, Moody served as Fox News' EVP of news editorial and steered editorial direction and story content for 13 years. Clemente took that post in 2009 after Moody left for Newscore.

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