December 3, 2012: News Corp pulls the plug on The Daily, the world’s first iPad-only newspaper, less than two years after launching the publication.
While the writing has been on the wall for some time, the closure is a blow for those who view the iPad as the savior of the traditional publishing industry.
July 31, 2012: The Daily, the world’s first iPad-only newspaper, lays off almost a third of its staff, signaling the demise of a bold publishing experiment.
The deep cuts — The Daily fires 50 of its 170 employees — affect mainly sports and editorial page staffers, although some production and design employees get the ax, too. The ominous move comes as News Corp places the iPad app “on watch” due to disappointing readership numbers.
News Corp. has announced that it will cease publication of The Daily on December 15, less than two years after the iPad-only newspaper made its debut. The company has said that “technology and other assets from The Daily, including some staff,” will be folded into its New York Post tabloid.
Sony CEO Howard Stringer recently revealed the company’s intentions to launch a revolutionary new television before Apple, and according to The Wall Street Journal, it will be a web-based alternative to the traditional set that will allow users to avoid the cable companies.
A Steve Jobs memorial held at Stanford Memorial Church on Sunday attracted a huge number of people who came to pay their respects to Apple’s former CEO and co-founder. Among them were a long list of celebrities, musicians, CEOs, and even a former president.
Whenever it arrives, it looks like Rupert Murdoch’s The Daily won’t be the only iPad-only magazine around: British billionaire and part Virgin Airways owner Richard Branson is also planning on launching a new iPad publication called Project, and it’s likely to be revealed as early as tomorrow.
The past week’s rumor cycle has consistently pegged early December as the date when Apple would simultaneously introduce iOS 4.3, iTunes in-app subscription support and News Corp’s new iPad-only magazine, The Daily… but according to sources, that date is very likely aggressive, and the actual rollout has been delayed until early 2011.
iOS 4.2.1 was just released, but already the rumor mill is churning about iOS 4.3… and it looks like it might arrive before the end of the year, much earlier than anyone had previously thought.
According to sources, Apple plans on releasing iOS 4.3 on Monday, December 13th… just three weeks after the debut of iOS 4.2.1.
Following yesterday’s story that Steve Jobs and Rupert Murdoch might meet on stage to debut the world’s first iPad-only newspaper, comes a new report suggesting not only that Apple will hold that event on December 9th, but also use it as an opportunity to unveil a new subscription billing option for periodicals on the iPad.
Both Rupert Murdoch and Steve Jobs agree: devices like the iPad are the future of media, and the death of print.
It looks, however, like Apple and News Corp. might be working more closely to bring that end about than it was previously thought: according to WWD, Apple is helping News Corp. build an iPad-only, subscription-based newspaper to devices in early 2011… and Steve Jobs himself might debut it.
Apple’s new, iOS-driven Apple TV is largely selling itself to consumers as a box that will allow them to stream all of their favorite television shows for 99-cents a pop whenever they want, but that price point is facing some notable resistance from network executives, and may quickly inflate once the device begins shipping at the end of the month.
Although Apple has inked deals with News Corp’s Fox and Walt Disney’s ABC to make shows available for $0.99 when the Apple TV launches, NBC Universal chief Jeff Zucker does not intend on following suit, claiming that the price point was setting the bar too low.
“We do not think 99 cents is the right price point for our content. … We thought it would devalue our content,” Zucker said at a Goldman Sachs investor conference.