The big news experiment is over. On Monday, News Corp. announced that its groundbreaking iPad-only newspaper, The Daily, would halt publication on Dec. 15. The news app, which was heralded in some circles as the future of publishing when its made its splashy debut in February 2011, failed to amass a large enough readership to justify its existence. At one point, some analysts estimated The Daily to be losing News Corp. chief Rupert Murdoch $30 million a year.
"From its launch, The Daily was a bold experiment in digital publishing and an amazing vehicle for innovation," Murdoch said in a statement:
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