The Daily will feature news articles, interactive graphics, videos and photos designed to work with the iPad’s touchscreen. The Daily will cost a mere 14 cents per day, 99 cents a week, $40 per year and will be sold exclusively via Apple’s iTunes store. The first two weeks will be free, courtesy of Verizon. A small selection of the iPad newspaper will be available on its site.
The Daily totaled $30 million to set up and will cost $500,000 to run weekly. Murdoch’s other publications, The Wall Street Journal, The Times and The Sunday Times, have all introduced paywalls for their websites. The Daily joins the ranks of other paid-for newspaper apps on the iPad including Esquire, the New Yorker, Vanity Fair, Glamour, GQ and Wired.