On Wednesday, News Corporation announced the launch of The Daily — the first-ever newspaper designed exclusively for the Apple iPad.

News Corp Chairman Rupert Murdoch unveiled the new periodical for journalists early in the day. The move will likely prove momentous for digital media and journalism as publishers look to e-readers as exclusive news delivery systems. News Corp owns Fox, The Wall Street Journal, and The New York Post — and if that isn't enough of an indication that The Daily will lean conservative, an unsigned editorial included in the first edition should get rid of any doubt:

"[The Daily] will push for policies that give Americans the maximum possible freedom in their personal lives. [The editors] don't believe that expanding government is the solution to most problems."

The e-paper (iPaper?) will publish new issues 365 days a year, and will cost readers 99 cents a week (or $39 a year).