Fox News had promoted a pair of veterans and is assuming the daily operations of Newscore, parent News Corp.'s wire service.
Newscore, a service that allows worldwide editorial properties to share content and resources across all News Corp entities will now be absorbed into the day-to-day operations of Fox News.
"As our fiscal year comes to a close, I've determined that Newscore will operate more efficiently and effectively inside Fox News," said Fox News chairman and CEO Roger Ailes in a statement. "This move will strengthen our overall newsgathering capabilities and enable us to operate at an even higher level."
As part of that move, Ailes has elevated Newscore CEO John Moody to Fox News executive editor and executive vice president. For his part, Fox News senior vice president of news editorial Michael Clemente has been upped to executive vice president of news editorial.
Prior to his role with Newscore, Moody was executive vice president, news editorial of Fox News, where he was responsible for all editorial direction and story content for 13 years. Before this, he spent more than a decade at Time Magazine as both a writer and bureau chief.
"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."
Clemente joined Fox News in February 2009 as senior vice president of news editorial, with responsibility over for all news operations and news editorial for the network, including political coverage of the current election season.
Before joining FNC, Clemente spent 27 years at ABC News, where, among other positions, he served as senior broadcast producer for 20/20 with John Stossel, Elizabeth Vargas and Barbara Walters, as well as the executive producer of ABC's breaking news.
Noted Ailes: "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."