News Corp shuttering iPad newspaper The Daily
News Corp announced it will cease publication of its groundbreaking digital newspaper The Daily on Dec. 15.
The iPad-only newspaper launched in February 2011, and although it proved to be popular — the publication was the No. 3 top grossing iPad app last year according to the 2011 iTunes Rewind feature — the paper was unable to run profitably. News Corp reported it expected to lose $30 million on the publication during 2011.
2012 proved to be an even more difficult year for The Daily.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in