There's a story in today's LATimes that says just that. But I have a problem. A close reading of the LATimes article does not indicate that the have a new source. For all we know they might be working off the Wall Street Journal rumors we read last week.
Here's an excerpt:
News Corp. Chief Executive Rupert Murdoch is embarking on an ambitious plan for a new national digital newspaper to be distributed exclusively as paid content for tablet computers such as Apple Inc.'s iPad and mobile phones.
The initiative, which would directly compete with the New York Times, USA Today and other national publications, is the latest attempt by a major media organization to harness sexy new devices to reach readers who increasingly consume their news on the go. The development underscores how the iPad is transforming the reading habits of consumers much like the iPod changed how people listen to music.
On the other hand, I really do think he's going to follow through on this. But I also think it's going to fate as the tech bubble or multimedia CD-ROMs.