News Corp. Plans To End ‘The Daily’

Not even two years have passed since News Corp. hailed the launch of its iPad-exclusive digital news journal The Daily. But in less than two weeks, The Daily will come to an end.

The media giant announced Monday that the final issue will arrive December 15, although the brand will be perpetuated throughout other company media channels.

News Corporation also announced that effective immediately, Jesse Angelo, the founding Editor-in-Chief of The Daily and long-time Executive Editor of The New York Post, will assume the role of Publisher of The New York Post.

Technology and other assets from The Daily, including some staff, will be folded into The Post.

“From its launch, The Daily was a bold experiment in digital publishing and an amazing vehicle for innovation,” said Chairman and CEO Rupert Murdoch. “Unfortunately, our experience was that we could not find a large enough audience quickly enough to convince us the business model was sustainable in the long-term. Therefore we will take the very best of what we have learned at The Daily and apply it to all our properties. Under the editorial leadership of Editor-in-Chief Col Allan and the business and digital leadership of Jesse, I know The New York Post will continue to grow and become stronger on the web, on mobile, and not least, the paper itself. I want to thank all of the journalists, digital and business professionals for the hard work they put into The Daily.

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