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.
Article by Luis X Barrios, CEO of Arkangeles For far too long, venture capital has…
The World Economic Forum (WEF) deletes a session entitled, "Valuing Nature's Assets," from its Sustainable…
The theme of the 2024 Horasis India Meeting is cooperation, impact investing, and sustainable growth…
World leaders gather on the UN Summit of the Future Global Call to advocate for…
Image via: Freepik When an entire nation devotes its attention to Vice President Kamala Harris…
World Economic Forum (WEF) founder Klaus Schwab says that the world is undergoing profound systemic…
View Comments