News Corporation Shutting Down Digital Newspaper 'The Daily'

As part of a lengthy press release sharing details on its separation into two independent publicly traded companies, News Corporation announced that it will be shutting down its digital newspaper The Daily on December 15. The Daily launched in early 2011 at a media event hosted by Rupert Murdoch and Apple's Eddy Cue, with the iPad-focused newspaper positioned as a groundbreaking new publishing paradigm priced at just $0.99 per week.

Apple's Eddy Cue (left) and News Corp.'s Rupert Murdoch at the launch of The Daily

But rumors of The Daily's potential cancelation began surfacing earlier this year as the publication continued to draw revenues well below that needed to sustain the initiative, and even a 30% cut in staff was not enough to save it.
[E]ffective immediately, Jesse Angelo, the founding Editor-in-Chief of The Daily and long-time Executive Editor of The New York Post, will assume the role of Publisher of The New York Post. As part of a digital restructuring initiative, the company will cease standalone publication of The Daily iPad app on December 15, 2012, though the brand will live on in other channels. Technology and other assets from The Daily, including some staff, will be folded into The Post.

Mr. Murdoch said: "From its launch, The Daily was a bold experiment in digital publishing and an amazing vehicle for innovation. Unfortunately, our experience was that we could not find a large enough audience quickly enough to convince us the business model was sustainable in the long-term. Therefore we will take the very best of what we have learned at The Daily and apply it to all our properties. Under the editorial leadership of Editor-in-Chief Col Allan and the business and digital leadership of Jesse, I know The New York Post will continue to grow and become stronger on the web, on mobile, and not least, the paper itself. I want to thank all of the journalists, digital and business professionals for the hard work they put into The Daily."
Aside from its attempts to make its mark as a new newspaper publishing model, The Daily also led the way for Apple's In App Subscription effort, allowing users to simply and easily sign up for recurring content subscriptions directly within apps and billed to their iTunes Store accounts.

Top Rated Comments

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92 months ago
Hang on..... I think I see it...

Yep, there's your problem. A perfectly capable web browser. :p
Rating: 36 Votes
92 months ago
I'm a subscriber, read the Daily every day, and will miss it.
Rating: 19 Votes
92 months ago
Why pay for news that you can get for free somewhere else.
Rating: 16 Votes
92 months ago
Not shedding any tears over it
Rating: 14 Votes
92 months ago
Now if I could just disable the Newsstand app :/. I can't even put it into a folder to "hide" it.
Rating: 13 Votes
92 months ago
For me the problem was the content. It was lousy. This was not great journalism and IMO they were aiming at the wrong crowd for early adopters. They needed to set the sights a little higher and leave out all of the People magaziney type stuff.
Rating: 11 Votes
92 months ago
Not Surprised

Besides the fact that there are a number of other sources from which to obtain information, free and otherwise, I could not bring myself to contribute financially to Rupert Murdoch's empire any more than I had to. I think there were a number of potential subscribers who shared concerns about the way the Daily's coverage might be skewed. I get enough "Fair & Balanced" news on the local FOX station.
Rating: 10 Votes
92 months ago
At some point content providers need to make money. Is advertising the only way for that to happen? Some smart financial person should stop screwing around on wallstreet and figure this one out and make a bundle. Also, find someone better then Mr. Murdoch to back up your idea.
Rating: 9 Votes
92 months ago
Don't. Stop. Come back.

Rating: 8 Votes
92 months ago
Guess I'm one of the only ones that subscribed. I enjoyed it and the magazine like style was great. The later revisions after being updated and ditching the carousel made the app way better. It's a shame is going by the wayside.
Rating: 7 Votes

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