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Posted at 7:38 AM ET, 02/ 1/2011

The Daily: What we know so far

By Hayley Tsukayama

After a slight delay, Rupert Murdoch's newspaper of the future is set to debut Wednesday in New York City. Apple Vice President of Internet Services Eddy Cue will take co-founder Steve Jobs' place by Murdoch's side to debut the tablet newspaper, which is made specifically and exclusively for tablets. It will have no Web presence, save advertising, and will not update as quickly as a traditional news Web site.

The publication will publish nightly like an old-fashioned newspaper, so that readers will have it to peruse with their morning coffee.

Subscriptions will cost 99 cents per week, and the publication will feature a staff of about 100 reporters led by Jesse Angelo, the former managing editor of the News Corp.-owned New York Post.

The paper will aim to have a "centrist and pragmatic" take on the news, according to an article from New York Magazine, and its tone will be aimed at capturing "young, tech-savvy readers."

That's what we know so far. What people are speculating is something different altogether.

Some are already expecting The Daily to flop spectacularly. Citing everything from an target market that's admittedly limited by gadget ownership to a slower, longer news cycle, critics say The Daily is just a pie-in-the-sky idea that will go nowhere.

Salon co-founder Scott Rosenberg wrote in November that the venture is "dead on arrival," because without a Web presence, readers won't have the same ability to link and build a news community that they do with other news sites -- or at least won't be able to do it with the same ease.

Others say that with the financial backing of a media tycoon such as Murdoch (he's rumored to have sunk $30 million into the project) and a deep bench of reporting talent, the iPad Daily has a decent chance of making it -- and perhaps remaking the business model of journalism in its image with its micro-payments,

No matter what you think, you have to admit it's quite the gamble.

What do you want to hear from tomorrow's announcement? Are you even interested in an iPad-only newspaper?

By Hayley Tsukayama  | February 1, 2011; 7:38 AM ET
Categories:  Apple, Digital culture  
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Comments

Well, since I don't own an iPad, this isn't real high on my list. But, at $0.99/week that's $52/year, or 20 cents an issue (assuming a 5-day cycle) -- not exactly a micro-payment to my way of thinking. With the NYT paywall about to go up, it should be interesting to see which (if any) business models pan out. To date only the WSJ (and to a much lesser extent: The Economist) has been successful with paid web subscriptions, and both those titles provide loads of very specialized business info that others don't.

I, myself, am quite skeptical that a paid model will be able to compete for general news content -- there are so many other channels; and its not like the ability to differentiate oneself is large.

Biases/slants of the various news organs will also have an impact, but I'm not sure what that'll be long term -- notwithstanding the success of Fox News, and the lack thereof at NYT, CNN, etc.

Posted by: eboyhan | February 1, 2011 12:54 PM | Report abuse

I really doubt that a paid Fox "news" will ever surpass the popularity of the free versions already on air. There just isn't that much interest in what the republicans have to say anymore. After all, the very first things they did when the fools reselected them to power was to force tax breaks for the rich into law again and then take the foolish waste of time trying to repeal the health care laws just passed. Both these things cost we taxpayers a ton of money to do nothing for the working man. Could that be because the right wing has vested interests in overseas sweat shop labor or are they just too stupid to see the life styles of the overseas labor force rising and therefore costing more for less quality and made in America patriotism?

Posted by: anOPINIONATEDsob | February 2, 2011 7:33 AM | Report abuse

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