A new, risky 'iPad-only newspaper'

Next year, News Corp. will launch "The Daily," a publication exclusively for users of tablet computers. Will the idea take off?

Rupert Murdock, "an old-timey newspaper romantic," has invested $30 million into an iPad-only media product.
(Image credit: Getty)

Early next year, Rupert Murdoch's News Corporation will begin publishing The Daily, an "iPad only" newspaper that can only be viewed using a tablet computer. The company has put some serious resources behind its new launch: An initial investment of $30 million and a staff of around 100 journalists. Subscriptions will cost 99 cents a week. "The News Corporation clearly sees the iPad as a way to bring consumer revenue back to the publication of news," reports David Carr in The New York Times. Could it work — and will it resurrect the fortunes of the U.S. newspaper industry in the bargain? (Watch a discussion about The Daily)

Apple and News Corp. know what people want: Say what you like about the "dreadful tabloids" Murdoch publishes, says Chris Matyszczyk at CNET, but the News Corp. chief thinks "quite deeply about what people really want to buy." And Apple does, too. Together, they're a force to be reckoned with. If enough of "Apple's engineering intelligence" is applied to this "iPad-o-newsthingy," then it might actually "be quite tempting to a significant portion of users."

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