Murdoch digital 'newspaper' cuts staff

2012-08-01 14:01
Rupert Murdoch and Rebekah Brooks. (AP)

Rupert Murdoch and Rebekah Brooks. (AP)

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

kalahari.com

New York — The Daily, a digital-only news publication championed by News Corporation founder Rupert Murdoch, is laying off nearly a third of its staff.

In cutting 50 of the roughly 170 employees at The Daily, the publication plans to focus resources on its more popular features. It says the move reflects the "changing business environment for news and media".

When The Daily launched in January 2011, News Corporation executives predicted that it would cost $30m a year to run the publication.

Yet more than a year later it had only about 100 000 subscribers who paid up to 99 cents per week, and about 250 000 visitors each month. The publication also runs some advertisements.

The app is available on Apple Incorporated's iPads and iPhones and tablet computers that use Google Incorporated's Android system.

No more sport


The reorganisation at The Daily comes as News Corporation makes plans to spin off its publishing assets, including The Daily, from the more profitable entertainment arm, which houses its TV assets such as Fox News Channel and movie studio 20th Century Fox.

The Daily will stop reporting on sports and instead use content from partners such as Fox Sports. The standalone Opinion section is being scrapped. Instead it will publish opinion pieces in news pages from time to time.

It will also publish pages in the portrait format only, instead of horizontally as well, to reflect the preference of most readers.

"These are important changes that will allow The Daily to be more nimble editorially and to focus on the elements that our readers have told us through their consumption that they like and want," editor-in-chief Jesse Angelo said in a statement.

News Corporation said the media conglomerate "remains committed" to The Daily and will keep it an important part of its publishing assets.

- AP
Read more on:    news corporation  |  rupert murdoch  |  media  |  internet
SHARE:

Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
 

Inside News24

 
/News

Jobs in Cape Town [change area]

Property [change area]

Travel - Look, Book, Go!

Magical Massinga

Spend 5 nights at the gorgeous Massinga Beach Lodge in Mozambique and only pay for 4 from R13 220 per person sharing. Includes return flights, accommodation, transfers and romantic turndown. Book now!

Kalahari.com - shop online today

Camping gear!

We’ve got all your camping must have’s right here at mind blowing low prices. Check them out now!

Herbex – buy 3 & get 1 free!

Fat burn packs, appetite control chewies, stretch mark cream and more. Offer valid while stocks last. Shop now.

30% off Jinger Jack handbags

Spice up your wardrobe and save 30% on stylish Jinger Jack handbags. Offer valid while stocks last. Shop now!

Buy 3 books & pay for 2

The cheapest of the 3 books will be free. Offer valid while stocks last. T&Cs apply. Shop now!

Deal of the week!

Hisense 40” Full HD LED Television now R3999. Offer valid while stocks last. Buy now!

OLX Free Classifieds [change area]

Samsung Galaxy s4

Mobile, Cell Phones in South Africa, Western Cape, Cape Town. Date October 24

Best bargain in big bay

Real Estate, Houses - Apartments for Sale in South Africa, Western Cape, Cape Town. Date October 25

VW Golf 6, 1.6 Trendline (Excellent condition)

Vehicles, Cars in South Africa, Western Cape, Cape Town. Date October 25

Horoscopes
Aquarius
Aquarius

Today is a good day to network and share your ideas and thoughts with your colleagues and friends. Information overload is...read more

There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.








Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.