The Daily i-Newspaper for i-Pad & Other Tablets

The Daily has just been launched in New York – An i-newspaper designed specifically for users of tablets, such as the iPad. A collaboration between News Corp and Apple, The Daily is available to subscribers for a super low cost of around $1 a week.

So what exactly are you getting for your dollar? Well basically the delivery of a daily newspaper to your iPad, or whatever other tablet you happen to be using. Don’t go expecting live updates throughout the day, with breaking news events, because that is not going to happen.

The Daily is more like a traditional newspaper, in that you get a daily paper delivered each morning. Of course, the traditional newspaper that arrives in your mailbox each morning can’t display live video and let’s face it, it costs quite a bit more as well. So at a dollar for a weeks supply of a newspaper every morning, that can give you more than just still images for particular events, has to be good value for money.

800,000 thousand subscriptions are required to make the project viable, according to industry experts. With iPad sales expected to continue to increase this year, with around 40 million or so in use before the year end, it seems that 800,000 subscribers might not be all that difficult to achieve for a service that is likely to prove to be extremely popular.

If we consider when someone like Rupert Murdoch launches something that has taken a $30 million investment to get it up and running and the fact that there are over 100 journalists working on the project daily, then we just know that this is going to be a highly profitable venture.