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Why is the daily show being cancelled
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The Daily (News Corporation)
The Daily was the world's first iPad-only (with Galaxy Tab 10.1 and Facebook support added later) news app in the United States and Australia, owned by News Corporation.[clarification needed]
It was originally planned to launch The Daily in San Francisco on January 19, 2011; however, the launch was delayed by News Corporation and Apple.[1]The Daily was launched on February 2, 2011, at the Solomon R.
Guggenheim Museum in New York City.[2]
The journal was placed "on watch" in July 2012[3] due to disappointing results. Despite reporting over 100,000 paying subscriptions, the journal was losing an estimated $30 million annually.[4]
On December 3, 2012, News Corporation announced that The Daily would cease operations effective December 15 as part of a reorganization of News Corporation's assets.[5][6] Its URL now redirects to the site of the New York Post.
News Corp CEO Rupert Murdoch said The Daily "could not find a large enough audience quickly enough to convince