Welcome to iPadForums.net Guest - Click Here to Register

News Corpís The Daily Makes Loss of $10 Million in Q2

This is a discussion on News Corpís The Daily Makes Loss of $10 Million in Q2 within the Apple iPad News forums, part of the Apple iPad Forums category; [ame=http://www.youtube.com/watch?v=KHILJBw-104&feature=player_detailpage]YouTube - Introducing The Daily[/ame] MacStories reports today that The Daily, the iPad-only magazine/news app launched by Apple and News Corp back in February, generated ...

iPadForums.net is the original Apple iPad Forum! Registered Users do not see these ads. Please Register - It's Free!
+ Reply to Thread
Results 1 to 5 of 5
  1. #1
    iPadForums News Team
    Member #
    6277
    Liked
    92 times
    Join Date
    Jun 2010
    Location
    UK
    Posts
    2,406

    News Corpís The Daily Makes Loss of $10 Million in Q2

    [ame=http://www.youtube.com/watch?v=KHILJBw-104&feature=player_detailpage]YouTube - Introducing The Daily[/ame]

    MacStories reports today that The Daily, the iPad-only magazine/news app launched by Apple and News Corp back in February, generated a $10 million loss in Q2 according to News Corp.ís March quarter earnings call. During the call, News Corp. executives referred to The Daily as ďa work in progress.Ē According to MediaMemo, The Daily has had approximately 800, 000 downloads since launch. News Corp. says that this estimate is a little on the low side, but still fairly accurate. As MacStories notes, downloads of under a million are really pretty underwhelming, especially considering the fact that both Apple and News Corp. promoted The Daily heavily, with News Corp. even forking out for a Super Bowl commercial. News Corp. has said previously that it has plans to expand The Daily to other devices such as Android tablets, but has yet to make any such moves away from its Apple exclusivity.

    Source: The Daily: 800k Downloads Since February, $10 Million Loss, News Corp. Revenue, Earnings Miss; MySpace Still Burning Money | Peter Kafka | MediaMemo | AllThingsD

  2. Ads


  3. #2
    iPad Enthusiast!
    Member #
    38016
    Join Date
    Mar 2011
    Location
    jfeldman@bellsouth.net
    Posts
    47
    They lost me when they came out with their outrageous pricing. I wonder how may deleted the app like I did?

  4. #3
    iPad Fan!
    Member #
    44094
    Join Date
    Apr 2011
    Location
    Dekalb, IL
    Posts
    9
    yeah I liked that app.. but there's no way I'm paying when I can get apps like Zite for free..

  5. #4
    iPad Enthusiast!
    Member #
    824
    Join Date
    Feb 2010
    Location
    Portland, OR
    Posts
    67
    My complaint with it is that you can't leave it in the middle and open back up to that spot. Like iBooks. $39/year didn't seem out of line for a subscription but I may not renew next year.

  6. #5
    iPad Noob!
    Member #
    51842
    Join Date
    May 2011
    Posts
    1
    maybe this following question is off topic but i would like to know how can a company advertise itself on this site, who should be contacted for further information?


Home | Forum | Active Topics | What's New

Links

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts

Similar Threads

  1. Loss of wi fi
    By ianb59 in forum iPad General Discussions
    Replies: 5
    Last Post: 01-25-2011, 11:44 AM
  2. Replies: 0
    Last Post: 01-14-2011, 02:43 PM
  3. Replies: 0
    Last Post: 01-10-2011, 12:41 PM
  4. Replies: 3
    Last Post: 05-04-2010, 11:08 AM
  5. Good news & bad news... my iPad has shipped
    By brobar in forum iPad General Discussions
    Replies: 6
    Last Post: 03-29-2010, 09:34 AM

Search tags for this page

losses at news corps the daily
,

the daily ipad losses

Click on a term to search for related topics.

Tags for this Thread