“Rupert Murdoch will unveil News Corp.’s much-anticipated iPad newspaper onstage this month with Apple chief executive Steve Jobs,” Michael Calderone and Joe Pompeo report for Cutline. “The two media moguls will appear together at the San Francisco Museum of Modern Art, according to a source familiar with preparations for the event. The launch date is expected to be Jan. 19, but that may change.”
Calderone and Pompeo report, “Known as The Daily, Murdoch’s iPad publication has been the talk of the media world over the past couple months, and the News Corp. chief has even dubbed it his ‘No. 1 most exciting project.'”
“Murdoch is reportedly willing to sink $30 million into the project,” Calderone and Pompeo report. “The cash infusion has spurred The Daily into a high-profile hiring spree over the past couple of months. So far, Angelo and his team have brought in a number of top-notch journalists from media outlets such as the New Yorker, the Daily Beast, Forbes, AOL and Politico. But while news of the editorial hires has steadily leaked out, The Daily’s brass have remained tight-lipped about the launch.”
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