Around the Net

'The Daily' Says It's Not Ready For Knacker's Yard

  • The Drum, Sunday, July 15, 2012 9:07 AM

Editor-in-chief Jesse Angelo has forcefully made clear following reports last week in The New York Times and the New York Observer that News Corp. top brass had "identified the iPad tabloid as a money loser to be watched as belts tighten across the company’s publishing units." In a hard-hitting memo, Angelo congratulated staff on the Daily's new weekend magazine, and added, “As for the latest misinformed, untrue rumors of our imminent demise, I would urge you to ignore them. Angelo said  all media outlets, "including the ones writing about us", are under pressure to prove themselves as businesses. 

Read the whole story at The Drum »

Next story loading loading..