Four months after laying off 29% of its staff in an effort to stanch the bleeding of its tablet newspaper The Daily, News Corp. announced today that it will cease publication on December 15. News Corp. Chairman Rupert Murdoch issued the following statement on the demise of his brainchild: From its launch, The Daily was […]
This may be the digital age, but for Rupert Murdoch’s News Corp, the bold experiment to create a tablet-only newspaper has largely failed, as evidenced by yesterday’s announcement that the The Daily will lay off 29% of its staff in an attempt to stay afloat. The Daily, which was launched 19 months ago and cost News […]
According to an advertising executive with inside knowledge of News Corp’s iPad-only publication The Daily, it is struggling to find a paying audience eight months after its launch. The ad exec told Bloomberg that The Daily has about 120,o00 unique weekly visitors which includes people who are paying as well as those who just sign […]
Billionaire media mogul Rupert Murdoch has committed $26 million-a-year to his iPad newspaper The Daily, but so far all it appears to be is a giant money pit. According to Mogulite, The Daily’s publisher reported this week that the app was closing on its one millionth download. That’s a pretty big number but as Mogulite […]
After months of free downloads and plenty of hoopla, the first iPad-only newspaper started charging this month and its future is far from assured. According to Forbes.com’s Jeff Bercovici, the paper so far is nothing more than a blip on a radar screen: How many subscriptions to The Daily, News Corp.’s iPad-only multimedia newspaper, have […]