A pair of new reports suggest that News Corp, headed by Rupert Murdoch, will announce a new tablet-based newspaper at an upcoming Apple event. The Guardian reports that the new paper, called the Daily, is a collaboration between Apple and News Corp and has been under development in New York for several months. The report goes on to state that the paper will cost 99 cents per week, and will be able to be delivered automatically to an iPad using a new subscription plan from Apple.

John Gruber of Daring Fireball, in linking to the aforementioned report, suggests that the initiative will launch with a press event, with Murdoch—and possibly other newspaper and magazine executives—joining Steve Jobs on stage. In addition, Gruber states that he’d heard December 9th as possible date for the event, but notes that this is a Thursday, an unusual day for Apple to hold a press event. Gruber goes on to state that based on information from sources outside Apple, the event will not be for a central “iNews” or “Newsstand” app from Apple, but will instead be for a new recurring subscription billing option for apps, paid through the user’s iTunes account. He also states that the News Corp developers working on the new Daily app have been given “preliminary documentation on the new subscription billing APIs from Apple.”