06 Nov 2012
17 Jan 2013
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I had exactly the same problem and although your post is old, this might help other people.
I first tried to extend the current News module, that proved difficult (although guess that is not impossible, to save time I tried multiple ways...).
The best way and probably easiest is to recreate the news module through the module builder. It only takes 20minutes to get it all ready and working pretty much exactly as the news module. You can then change the text editors as well.
When you are creating new content types and data items you can choose a type for Media (images, videos, files). You can then reference this on the template. Hope this helps, let me know if you need more directions.