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The Daily, Rupert Murdoch's iPad-only newspaper, to launch Feb. 2

January 27, 2011 |  5:14 pm

Lf0s5dnc Rupert Murdoch's News Corp. has sent out invitations to the Wednesday launch of the Daily, its highly anticipated iPad-only newspaper.

The e-mailed invitations said Murdoch, News Corp.'s chairman and chief executive, and Eddy Cue, Apple's vice president of Internet services, will officially unveil the Daily at the Guggenheim Museum in New York, according to Reuters.

There reportedly was a two-week delay in the debut of the publication, which is said to have no print version or website.

Speculation was that Murdoch had planned to show off the Daily for the first time with Apple CEO Steve Jobs in San Francisco.

On Jan. 17, Apple and Jobs announced that for medical reasons, Jobs was taking an undetermined amount of time off from his daily duties at the tech giant.

That led to speculation that the Daily's launch may have been delayed because of Jobs' medical leave.

The Daily is expected to be available only on iPads and to cost 99 cents a week. It has a news staff stationed across the U.S. and is expected to be much like a national newspaper, with coverage of general news, culture and entertainment.

Newspaper, magazine and book publishers are hoping that the iPad and other tablet computers, such as Google Android tablets, will rise as a source of revenue for them.

Richard Branson's Project Magazine, the first iPad-only publication, was released in November and hasn't yet reported sales numbers. It soon will be headed to the iPhone and later to Android devices.

Sales of magazines on the iPad started strong last year but softened dramatically, failing to maintain consistent readership levels.

RELATED:

Magazine sales on Apple's iPad plummet

News Corp.'s iPad-only newspaper, The Daily, delayed, reports say

-- Nathan Olivarez-Giles

twitter.com/nateog

Photo: News Corp. Chairman and CEO Rupert Murdoch testifies on Capitol Hill on Sept. 20. Credit: Jim Watson / AFP/Getty Images

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