What To Do With The Daily? News Corp. Ponders
New York Times, Monday, July 16, 2012 3:30 PM
The Daily, News Corp.'s tablet publication launched a little over a year ago, is reportedly "on probation and at a crossroads while the company reconsider[s] whether it could turn around losses that were estimated at roughly $30 million a year," writes Amy Chozick, citing "several people close to the company who did not want to be identified." This move comes shortly after the company decided to split its "lower-performing" publishing products from its "fast-growing" entertainment assets, writes Chozick.
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