News Corp. has announced The Daily
app will cease publication on December 15, 2012 as part of a general restructuring of the company in order to separate the publishing group from the broadcast group. In a comment on the decision published in the news release announcing the changes, Chairman Rupert Murdoch said, "From its launch, The Daily was a bold experiment in
digital publishing and an amazing vehicle for innovation. 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." more