The following video is from Tuesday's MarketFoolery podcast, in which host Chris Hill, along with analysts Austin Smith and Joe Magyer, discuss the top business and investing stories.
News Corp. (NASDAQ: NWS) announced yesterday that The Daily, a premium app-only news service the company launched in January 2011, will produce its final issue on Dec. 15. In this segment, the guys look at what News Corp.'s biggest problem was with this app: an old-news business approach to a new medium, when all the trends show that the old-news business approach just isn't viable anymore.
Chris Hill, Austin Smith, Joe Magyer, and The Motley Fool have no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.