News Corporation's The Daily was to have been a vanguard of the future, based on the past -- a tablet-focused newspaper that could get us back to paying subscriptions. Not enough of us were as enthralled with the retro-future concept, however. While CEO Rupert Murdoch calls The Daily a "bold experiment," he's shutting the publication down as of December 15th following sluggish growth that didn't match long-term expectations. The move may pay off for other divisions. As part of a larger spinoff of its publishing division, News Corp is moving resources and some of the 120-person staff (including Editor-in-Chief Jesse Angelo) into the considerably more paper-bound New York Post.
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