- Apr 12, 2001
Back in February 2011, Apple executive Eddy Cue was on hand for the launch of The Daily, a new tablet-focused news publication from News Corp. that premiered on the iPad.
Availability of The Daily has since expanded to both Android tablets and the iPhone, but questions about the publication's viability have remained as revenues remain well below the tens of millions of dollars being pumped into it.
In a larger article from The New York Observer (via TUAW) addressing the demise of News Corp.'s Newscore newswire service, sources suggest that The Daily may also be on thin ice.
Pricing for the iPad version of The Daily is currently set at $0.99 per week or $39.99 per year via In App Subscription, with the iPhone version being offered at roughly half-price on monthly and yearly subscriptions.In addition, there are internal rumors that The Daily has been put "on watch." According to a source the status of the groundbreaking iPad tabloid--which loses $30 million a year--will be reassessed after the November 6 election.
Article Link: News Corp. Considering Canceling 'The Daily'?