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Murdoch plans internal wire service to increase NewsCorp's content sharing

RUPERT Murdoch&rsquo;s News Corporation is planning to launch a newswire service that will give all parts of its global network immediate access to all its stories and videos.<br /><br />The new service will be called NewsCore and will collate all of the media giant&rsquo;s news stories, satellite feeds and web content for instant access by News Corp TV channels, newspapers and websites.<br /><br />A date for the launch of NewsCore has yet to be announced, but a leaked internal memo has outlined the plans, which it describes as a &ldquo;21st century multi-media information service that will draw on the worldwide news and sports resources within News Corporation and make them available to other News properties everywhere.&rdquo;<br /><br />Once launched, the service will be a formidable internal resource, combining the editorial might of entities such at Sky News, Fox News, The Times,the Wall Street Journal, the Sun and the News of the World.<br /><br />It is understood that NewsCore will be based in New York, but will have operations in London and in Asia.