The Daily was Losing $30 Million a Year
And assuming 100,000 subscribers at $50 a year (both low estimates) it cost at least $35 million to run the iPad magazine.
What a mess.
To contrast: Prismatic has received only $1.2 million in funding.
I'm Drew Breunig and I obsess about technology, media, language, and culture. I live in New York, studied anthropology, and work in advertising technology.Twitter
These are reactions to things I feel are important.
These are reactions to things I feel are important.
