Categories: Business

Apple and News Corps. The Daily will launch this week

Apple and News Corp. have announced that the subscription based  “The Daily” iPad news app will be released on February 2nd in the US. They also confirmed that the app’s subscription model will cost 99 cent a week.

Speaking at the DLD conference James Murdoch said the move to a subscriptions app model was risky but could be very beneficial to the company, “The pricing models for apps and paid journalism in general is developing…We’d like to see quite a lot of customers but we don’t know the pace of it. A weekly subscription is a very different animal.”

In the venture News Corp. will be dropping $30 million on the app supported by over 120 journalists and staffers. On Apple’s side The Daily will be company’s first major push from a once-off to a subscription based app purchasing model.

The launch of the app was set to take place on January 19 at the San Francisco Museum of Modern Art, although it is believed that this date was changed due to Jobs’ illness.

The app will now be launched in New York’s Guggenheim on Wednesday by Rupert Murdoch and iTunes’ Eddy Cue. The Daily will initially only launch in the US.

Ajit Jain

Ajit Jain is marketing and sales head at Octal Info Solution, a leading iPhone app development company and offering platform to hire Android app developers for your own app development project. He is available to connect on Google Plus, Twitter, Facebook, and LinkedIn.

View Comments

Recent Posts

Prezent partners with Tom McCarthy to bring powerful AI-communication coaching avatars to market 

For startups the world over, the ability to master the art of a good pitch…

4 days ago

The mind-body metrics revolution: building smarter health plans for longer lives

As the global population ages, the burden of degenerative disease rises, including a higher prevalence…

5 days ago

Brazil’s breastfeeding laws exposed a gap- a biotechnology startup just secured $5.9 million to fill it 

Since the 1980s, when the number of families in Brazil headed by women almost doubled,…

6 days ago

DARPA ‘Generative Optogenetics (GO)’ seeks to program biology using light, could aid in ‘extended human spaceflight’

Apart from 'extended human spaceflight' for what other purposes could DARPA GO serve? perspective DARPA…

1 week ago

Competing in the post-gatekeeper era: How the DMA is rewiring platforms, security, and market access

The Digital Markets Act (DMA) has joined the General Data Protection Regulation (GDPR) as one…

1 week ago

Horasis India Meeting to Spotlight India’s Global Ascent At Singapore Summit This Month

Amid several years of shifting global dynamics, it’s become increasingly clear that we are entering…

2 weeks ago