The Daily's biggest competing app was the web browser. Thousands of websites with better information, accessible quickly and for free.
That's not to say a paid news magazine is not viable, but if you are going to start one, you need to know what you are competing against.
A fast, presentable application with unique focused content is going to be key in the future. It seems The Daily was the polar opposite of that - trying to put an old world concept on a new world device.
