News Corp. Shuts Down The Daily
The first great iPad newspaper experiment is over. News Corp. has announced that it is shutting down The Daily on December 15, and that some staffers will head to The New York Post. Here is a statement about the end of The Daily, from Rupert Murdoch:
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.
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