News Corp.’s Rupert Murdoch introduced a news publication tailored specifically for Apple Inc.’s iPad, a bid to expand his media empire with a new business model for delivering content digitally.
Called the Daily, the publication will cost 99 cents a week or $39.99 a year, the companies said at a news conference in New York today. Apple unveiled a subscription payment system for the Daily and said it will soon be available for other publishers…
“The iPad demands that we completely reimagine our craft,” Murdoch said at the event. “I’m convinced that in the tablet era there’s room for a fresh and robust new voice…”
Murdoch developed the Daily after Apple demonstrated there’s a market for tablets, which blend the functionality of a touch-screen smartphone with a notebook computer. He said News Corp. has spent $30 million to get the publication off the ground and that it will cost about $500,000 a week to operate…
Cue said a subscription system for other publishers will be announced “very soon.” With the Daily, users can pay the 99 cents a week or $39.99 a year through an iTunes account.
You can try the online paper for these first couple of weeks for free – via a subsidy from Verizon. An advertising troll awaits. In any case, the app is free.
As the viewership at MSMBC and CNN continue to drop, there is a chance Murdoch could come in 2nd place against Fox News.
jbenson2, how ignorant are you?
Murdoch is Fox News.
And the stupid FOX “News” viewers, and getting stoopider, even know how to use an iPad? Not likely.
Well what do you know. A tabloid on a tablet. They spent $30 million, just to remove “New York” from the title? So I suspect it’s not that much different from most print newspapers and magazines. And you still have to follow an article thru five or six pages of advertising. And will articles actually be linked page by page? Or will one have to scan the whole journal, to find where the rest of it is hiding?
I wouldn’t invest in any iPad transcribe journal or paper, if they kept doing all the same old tricks of burying the news in the ads.