Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Murdoch's iPad newspaper The Daily to launch Feb. 2

murdoch_ipad_new.gi.top.jpgRubert Murdoch will unveil his company's highly anticipated iPad newspaper next week. By Julianne Pepitone, staff reporter


NEW YORK (CNNMoney) -- News Corp.'s iPad-exclusive newspaper, The Daily, will launch next week at an event in New York City.

The company sent an invitation to reporters Thursday morning. The launch will take place midmorning on Feb. 2 at New York's iconic Guggenheim museum. News Corp. CEO Rupert Murdoch will be at the event, along with Apple (AAPL, Fortune 500) Internet services executive Eddy Cue.

The Daily will be the guinea pig for Apple's new subscription option for purchasing iPad content. Until now, Apple has only let publishers sell individual issues, paralleling the company's model for selling apps.

The Daily plans to sell its subscriptions for 99 cents per week, News Corp. executive James Murdoch said at a media conference this week, according to Reuters.

News Corp. (NWS, Fortune 500) has been at the forefront of charging consumers for online journalism, including running a paywall around some content on the Wall Street Journal's site.

The Daily has been in the works for several months, but its launch date was delayed. AllThingsD said earlier this month that there were some technical issues with Apple's new subscription service, which will debut alongside with The Daily.

The subscription service will be "a new 'push' subscription feature from Apple, where iTunes automatically bills customers on a weekly or monthly basis, and a new edition shows up on customers' iPads every morning," AllThingsD reported.

Beyond the technical challenges, many questions are swirling around The Daily. Pundits and bloggers alike have wondered if the world is ready for an iPad-exclusive newspaper -- and if it even wants one.

Others wonder if iPad buyers are the type to buy subscriptions to newspapers. Still, that demographic is growing larger: Apple reported sales of 7.3 million iPads in the holiday season, for a total of 14.8 million iPads sold for the year. To top of page

Index Last Change % Change
Dow 17,598.20 -91.66 -0.52%
Nasdaq 5,115.38 -12.90 -0.25%
S&P 500 2,098.04 -5.80 -0.28%
Treasuries 2.15 -0.06 -2.49%
Data as of 11:27pm ET
Company Price Change % Change
Apple Inc 118.44 -2.86 -2.36%
Bank of America Corp... 17.77 -0.11 -0.62%
Frontier Communicati... 5.15 0.43 9.11%
Micron Technology In... 19.00 0.49 2.65%
General Electric Co 25.87 -0.23 -0.88%
Data as of 4:01pm ET
Sponsors

Sections

Five major retailers have agreed to stop selling realistic-looking toy guns in New York state, attorney general Eric Schneiderman said Monday. More

Represented by Teamsters, workers servicing some big Silicon Valley firms demand higher wager and better benefits. More

Candle-Lite is committed to manufacturing in America -- which is a good thing because it contributes more than $300 million to Ohio's economy. More

You can't blame it on the economy anymore. More Millennials now have jobs, but are still living at home. More