Mon Dec 3, 2012, 09:48 AM
onehandle (40,413 posts)
The Daily Shutting Down: News Corp. To Cease Daily iPad Publication
Source: Huffington Post
After months of downsizing and rumors of its imminent closing, News Corp. announced its decision to cease publication of The Daily effective mid-December. News Corp. made the announcement on Monday.
Murdoch called the daily iPad news publication, the only one of its kind, "a bold experiment in digital publishing and an amazing vehicle for innovation" that "could not find a large enough audience quickly enough to convince us the business model was sustainable in the long-term."
Daily Editor-in-Chief Jesse Angelo will become Publisher of The New York Post. According to the News Corp. press release obtained by Business Insider:
According to AllThingsD, the iPad application employs roughly 120 employees. In July, News Corp. laid off almost one-third of The Daily staff (at the timeó70 of its 150 staffers) and put the publication "on probation" just eighteen months after its debut.
Read more: http://www.huffingtonpost.com/2012/12/03/the-daily-shutting-down-news-corp-cease-ipad-publication_n_2230842.html
Good. Fuck all things Murdoch.
4 replies, 1391 views
Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
The Daily Shutting Down: News Corp. To Cease Daily iPad Publication (Original post)
Response to onehandle (Original post)
Wed Dec 5, 2012, 07:43 AM
jmowreader (27,203 posts)
4. I see the problem right there
150 people to pull content out of Rupert's other papers and put it in app format?
My paper employs 120 but we print four dailies, six weeklies, four ad circulars, all the inserts for two regional chains, five school papers, a college paper and a shitload of commercial work.
I would have hired three nerds and ten ad salesmen and called it good.