News Corp. Shutters ‘The Daily’

News Corp. digital newspaper The Daily will cease publication Dec. 15, according to a press release issued Monday. Staff from the publication, which Rupert Murdoch launched in February 2011 as an iPad-only newspaper, will be folded into the New York Post, where Daily editor Jesse Angelo will take the helm as publisher. Angelo had formerly been executive editor at the Post in addition to his digital duties. The Daily has by some reports been losing $30 million a year, and Murdoch said in the press release that the publication “could not find a large enough audience quickly enough” to be sustainable.