Rupert Murdoch Is Folding 'The Daily'
In 12 days, Rupert Murdoch's tablet publication The Daily will be shutting down, and for one simple reason: The world's first bold foray into iPad-only newspapering wasn't making money.
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To honor The Daily's last day in existence, some members of its remaining staff have created this video sign-off — to the tune of The Sound of Music's "So Long, Farewell" — and, well, it's sad.
In 12 days, Rupert Murdoch's tablet publication The Daily will be shutting down, and for one simple reason: The world's first bold foray into iPad-only newspapering wasn't making money.
In the harshest referendum yet about the success of News Corporation's tablet newspaper The Daily, the publication, which launched in 2011, is laying off 50 of its 170 employees, All Things Digital's Peter Kafka reports.
Following reports that News Corp. was putting The Daily "on watch" for its big losses, Jesse Angelo, the iPad newspaper's editor, has lashed out against the rumors and the media organizations making them.
News Corporation is apparently doing some pruning, pulling the plug on its little-known internal news wire, and putting iPad newspaper The Daily "on watch," reports The New York Observer's Kat Stoeffel.
After a long day staring at Twitter, these are our favorite tweets that made no sense.
Robert Mackey at The New York Times boldly declared on Thursday afternoon, "Drone Journalism Arrives" — it's actually been around for a while over at News Corp.
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