News Corp Chairman Rupert Murdoch and Apple Vice President of Internet Services Eddy Cue will introduce the Daily, a digital newspaper for tablet devices, at the Solomon Guggenheim Museum in New York on February 2 after weeks of speculation surrounding the Daily.
Murdoch and Apple Chief Executive Steve Jobs were originally scheduled to launch the Daily in San Francisco in January 19. But the event was postponed, because of technical glitches, according to sources familiar the event, but days later, Apple disclosed that Jobs was taking medical leave for the third time since 2004.
The Daily will cost 99 cents per week, News Corp executive James Murdoch said.
News Corp is a making a big bet that starting a newspaper from scratch is dedicated to tablet devices could help revive the struggling news business.
iPad owners have been waiting for a viable newspaper to hit their iPad each day. This could be what they are waiting for. I'm skeptical.