Murdoch and Jobs Working on Tablet-only Newspaper

News Corp chief Ruper Murdoch and Apple’s Steve Jobs are working together on a tablet-only daily newspaper called the Daily, which is due to launch at the end of the month, according to a report in yesterday’s Observer.

The report says that the newspaper will be available exclusively on the iPad and similar tablet devices, and will be priced at $0.99 (£0.62) per week. It adds that 100 journalists have been hired to work on the title.

A source quoted in the article says that Murdoch is keen on the idea, because it will demonstrate consumers’ willingness to pay for good quality, original, online content. News Corp’s Times newpaper in the UK recently put its web content behind a £2-per-week paywall, and said recently that it has attracted more than 100,000 paying customers.