News Corp launches daily newspaper for iPad
The Daily, a digital only newspaper, will be published exclusively on the iPad tablet computer
News Corporation's Rupert Murdoch is extending his vast media empire once again - this time with a digital newspaper for the iPad.
The wraps will be taken off the e-paper at the Guggenheim Museum in New York later on Wednesday.
According to the News Corps-owned AllThingsD blog, the Daily will cost 99 cents (60p) a week and will be sold exclusively via Apple's iTunes store.
It said News Corp had hired about 100 journalists to work on it.
The paper will initially only be available in the US.
In a preview, the blog said the Daily will feature news articles, interactive graphics, videos and photos designed to work with the iPad's touchscreen.
A free website for the paper will feature a small selection of its content, it added.
Mr Murdoch has made no secret of his desire to get consumers paying for news on the web.
The Wall Street Journal, The Times and The Sunday Times, all owned by Murdoch, have introduced paywalls for their websites.
The Times has since been revealed that it has seen a 87% drop in online readership.
In November, Virgin tycoon Richard Branson launched his own iPad publication, called Project.
Unlike the Daily, it is a monthly magazine dedicated to style and culture. It costs £1.79.
Other paid-for newspaper apps for the iPad include Esquire, Glamour, GQ, the New Yorker, Vanity Fair and Wired.
Credit: BBC (www.bbc.co.uk)
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