News Corp proprietor Rupert Murdoch will soon be releasing the digital national newspaper for tablet devices such as Apple's iPad.

In regard of this the digital newspaper will be coming in the form of paid app that entitles an application fee along with itself.

The LA Times states that the newspaper is currently at its developmental stage and soon be having its own set of employees and editorial team.

At the same time will be supported by News Corp-owned press institutions such as the NY Post and financial service Dow Jones.

A few sources related to the matter stated that the company plans to invest an amount priced between $30 million to $40 million in view of offering a unique, mobile-only digital newspaper.

The source goes further to add that New York Post executive director Jesse Angelo possibly be the chief of digital news service.