News Corp., Apple to unveil 'The Daily' next week

Jan 12, 2011
News Corporation Chairman and CEO Rupert Murdoch, seen in 2010. News Corp. and Apple are to unveil The Daily next week, a digital newspaper for the iPad, the tablet computer Rupert Murdoch hopes may emerge as the savior of the struggling news industry.

News Corp. and Apple are to unveil The Daily next week, a digital newspaper for the iPad, the tablet computer Rupert Murdoch hopes may emerge as the savior of the struggling news industry.

A source familiar with News Corp.'s plans said The Daily, which has been the object of months of top secret development at News Corp., will be introduced at an event in San Francisco on January 19.

According to News Corp.-owned Dow Jones, Murdoch, News Corp.'s chairman and chief executive, and Apple head are to personally take part in the event at the San Francisco Museum of Modern Art.

Dow Jones also said Murdoch showed The Daily to select attendees at last week's in Las Vegas.

News Corp. has been tight-lipped about the project but Murdoch acknowledged its existence for the first time in an interview in November, listing it as one of the "exciting projects" his media and entertainment company was working on.

Forbes magazine has put the total staff on the project at around 150 and said News Corp. has budgeted 30 million dollars for the first year of the launch.

The Daily would bring together three of Murdoch's passions -- newspapers, the and finding a way to charge readers for content online in an era of shrinking newspaper circulation and eroding print advertising revenue.

In an interview in April with The Kalb Report, Murdoch called the iPad a "glimpse of the future."

"There's going to be tens of millions of these things sold all over the world," he said. "It may be the saving of newspapers because you don't have the costs of paper, ink, printing, trucks.

"It doesn't destroy the traditional newspaper, it just comes in a different form," he said.

Whether Murdoch plans to charge readers a subscription fee for The Daily is not yet known but the News Corp. chief has made making consumers pay for news online his personal crusade.

News Corp.'s The requires a subscription for full access to WSJ.com and Britain's The Times and The Sunday Times, two other . newspapers, recently erected pay walls around their websites.

Explore further: Premier US album chart revamped to include streaming

add to favorites email to friend print save as pdf

Related Stories

Future of newspapers is digital: Murdoch

May 28, 2009

News Corp. chairman Rupert Murdoch said on Thursday that the future of newspapers is digital, but it may be 10 to 15 years before readers go fully electronic.

News Corp. abandons digital newsstand project: WSJ

Oct 22, 2010

News Corp. has dropped a digital newsstand project that was part of an ambitious plan by the Rupert Murdoch-owned company to help publishers charge for content online, The Wall Street Journal reported Friday.

Tablets may allow 're-set' for media: News Corp.

Jul 24, 2010

Tablet computers such as Apple's iPad may allow the news industry a "re-set" and to start charging for content after years of giving it away for free, a senior News Corp. executive said Friday.

Recommended for you

YouTube goes online for second Music Awards

Nov 20, 2014

The YouTube Music Awards are undergoing an overhaul for their second edition next year, scrapping a star-studded gala and instead looking at videos' online buzz.

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.