News Corp. may axe money-losing iPad news app ‘The Daily’, says source

“As News Corp. shores up its print and television properties leading up to the company’s highly publicized split, its scrappy and beloved internal newswire Newscore has quietly gone dark, with at least 20 positions eliminated—and possibly more than twice that if cuts hit bureaus in London and Sydney,” Kat Stoeffel reports for The New York Observer.

“Launched in 2009, Newscore collected and redistributed the news stories from News Corp.’s reporters in the U.S., U.K. and Australia, while racing rivals AP and Reuters on breaking news,” Stoeffel reports. “For News Corp. employees, Newscore was cherished as a wackier alternative to other wires, curating a web-friendly—and classically Murdoch—mix of the buzzy weird news, crime and animal stories well-suited to the company’s tabloid elements.”

Stoeffel reports, “The layoffs are part of a wave of cost-cutting measures occurring as the media giant prepares to spin off its newspaper operations (like The Wall Street Journal and the New York Post) into a separate company, which will no longer be insulated by the success of properties like Fox News and BSkyB… In addition, there are internal rumors that The Daily has been put ‘on watch.’ According to a source the status of the groundbreaking iPad tabloid — which loses $30 million a year — will be reassessed after the November 6 election.”

Read more in the full article here.

MacDailyNews Take: We haven’t checked out The Daily in months. Anybody still perusing it? If so, how is it?

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31 Comments

    1. Actually, the first class photography is one if its high points. Anyone can talk or type on a keyboard. Photographers have to be there and provide a perspective to the subject that long winded writers can’t.
      They doesn’t replace words, but they do make them shine.

  1. The Daily is a well designed app. It just needs more advertising for people to use it. I stumbled on it when I found it otherwise, I wouldn’t know that it existed.

  2. It would only be news if the evil Murdoch empire went completely dark. No one will read a source of theirs with any sense of credibility. Farewell, my lovely.

    Also, “The Daily” is awful. eye candy with no meaning or context== rubbish.

    1. I suspect it’s been a very long time since you read it, TBone. There is actually much less eye candy today than when they started. That’s not necessarily a good thing. As The Other Steve mentions above, photography (and graphics) are indeed some of its high points.

    1. … never used “The Daily” – mainly because I’d never heard of it. Their fault? Mine? Both?
      However, the description – “weird news, crime and animal stories well-suited to the company’s tabloid elements” – reminds me of stuff I saw – and disliked – on other sites. I’m not big on Tabloid “News”, preferring something with a hint of fact and a jigger of reality mixed in. Not what Murdoch’s various outlets are known for. Despite their wire taps.

    2. I guess you could call me liberal, but I agree, the Daily is worth the money. It is not hard news, but very engaging with great interactivity and video content. It does shows a big staff is involved. I just take the opinion section, with a grain of salt. People should give it a go. It’s really the best proof of concept publication on the iPad.

      1. Absolutely right, OSP.

        And, I’m embarrassed to say that I’ll likely also miss “The Weekly” (the Saturday puppets in The Daily) if they close. I sometimes find them in questionable taste, but I look forward to their on-the-street interviews nonetheless.

  3. But I also hated the NY Times iPad app. Wanted it to recreate the look and feel of the print edition, but it’s nothing close.

    Tried them both – wouldn’t notice if they both disappeared.

    1. The Daily is NOTHING like the New York Times iPad app. Miles apart. I downloaded the NYT but was never drawn into it at all. And, speaking of slant and bias, the New York Times beats The Daily in that. The NYT’s is dangerously biased, even publishing blatantly false information.

      If I might ask, DRZ, what do you read?

    1. Loloon, they appear to have a real news staff. Seems like a pretty good one. Some “exclusives,” though not always what I feel are important, hard news stories. Still, they obviously have a bunch of people working on this.

      Photos do not necessarily cost “almost nothing.”

      Still, $30 mil seems like a lot nonetheless and I also wonder where they’e spending all that.

  4. More highbrow than the NY Post but just as pungent.

    I subscribed for a year. It steadily improved. Every day had something of interest, something clever, tech takes, cheesecake, yoga vids, sports, take-no-prisoners opinion pieces, sudoku. For only $0.99 US per week, it was well worth it to me, at the time.

    1. I have subscribed almost from the beginning. I have seen good improvements. There is always something interesting in it, well worth the 99¢/week to me. I check it out “daily.” I like the people, the features, and the reporting…all of which have improved. Sure, there’re some missteps. But, overall, it’s been good for me. I’ve noticed something has been going on recently and I’d be very disappointed to lose this. I have nothing in the wings to replace it.

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