The Daily’s business model combines two limiting factors that make it worse than your average, run-of-the-mill website. Its business model purposely limits its audience—from the billions online, to the meager millions who have an iPad. (To the thousands willing to pay for The Daily.) Its newspaperesque publication schedule is a step backwards from the web’s always-on schedule. The entire premise of The Daily is two huge steps backwards from currently accepted media standards. It’s as if a movie studio declared that they were launching a silent film division, which would only be shown at drive-ins.

The Daily Was Just a Bad Idea. I don’t know if this is fair, but I am such a sucker for a vivid simile.