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Month: December 2012

The Daily is Closing Down. It Wouldn’t if It Started in 2012

Today marks a milestone day for publishing. Newscorp’s The Daily is winding down operations.

Nate Hoffelder from The Digital Reader:

The Daily launched in early 2011 amidst a lot of fanfare, hype, and a massive advertising campaign. It expanded beyond the iPad in early 2012 with new Android apps, but clearly it was not growing fast enough nor was it currently covering its costs. It was reportedly losing 30 million dollars a year.