News Corp.'s experiment with the newspaper of the future is coming to an end. In a press release covering a wide range of corporate restructuring initiatives, the media conglomerate announced that it is closing The Daily, the tablet-only newspaper that launched with much fanfare in early 2011.
Though a "bold experiment in digital publishing," the venture was not "sustainable in the long-term," explains News Corp. Chairman and CEO Rupert Murdoch in the press release.
Publication of The Daily will halt on December 15. Remaining assets and some staff of the iPad-based magazine will be folded in to the New York Post. The digital newspaper had approximately 120 employees after laying off staff earlier this year.
- Key specs
- Reviews • 13
- Form factor Tablet
- Operating system iOS (8)
- Screen size 9.7 inches
- Storage type Internal storage (16 GB, Flash)
- Maximum battery life Up to 10 hours
- Dimensions 9.4 x 6.6 x 0.24 in
- Weight 0.96 lb
- Announced 2014-10-16