Patch

  • AOL To ‘Impact’ Hundreds Of Patch Employees Friday In A Bid For Hyper Local Profits

    AOL To ‘Impact’ Hundreds Of Patch Employees Friday In A Bid For Hyper Local Profits

    Patch, AOL’s hyper-local news effort, will lose up to 550 employees this Friday, according to a local editor at the group. Hundreds of sites in the network are expected to close in the process. In recent calls with Patch employees, AOL CEO Tim Armstrong avoided the word “layoffs,” and instead stated that hundreds of Patch employees would become what he called… Read More

  • AOL’s Hyperlocal Effort Patch Misses $40M-50M Sales Target, Partly Because Of Sandy, Still Aiming For Profitability In 2013

    AOL’s Hyperlocal Effort Patch Misses $40M-50M Sales Target, Partly Because Of Sandy, Still Aiming For Profitability In 2013

    AOL’s Q4 earnings today saw that company (which owns TechCrunch) finally make a turnaround, after 8 years of decline, into revenue growth, with overall sales of $599.5 million. But there are still a lot of areas that are seeing flat or declining revenues, and some that are loss-making: among those is AOL’s hyperlocal effort Patch. On the investor call today, CEO Tim Armstrong… Read More

  • Aol’s Patch Taps Ad Tech Startup PaperG To Boost Local Ad Sales In Over 100 Markets

    Aol’s Patch Taps Ad Tech Startup PaperG To Boost Local Ad Sales In Over 100 Markets

    Traditional publishers and fledgling digital publications alike are trying to find the best ways to monetize their content on the Web and take advantage of the benefits offered by hyperlocal content and the targeted advertising that (should) come with it. PaperG, an advertising technology startup founded in 2007, is trying to become that go-to solution for small and established online… Read More

  • Group Buying Site BuyWithMe Snags Patch.com EVP Away From AOL

    Group Buying Site BuyWithMe Snags Patch.com EVP Away From AOL

    Our parent company AOL is having a rough time making money from Patch, its rapidly expanding network of local news sites, and that’s not its only problem. Today, group buying website BuyWithMe announced that it has recruited Charlie Gray, formerly Executive Vice President at Patch, as its new ‘Chief People Officer’. BuyWithMe, which rivals the likes of Groupon and LivingSocial… Read More

  • As 2012 Election Season Ramps Up, AOL's Patch Will Launch 33 Sites In 'Key' Primary States

    In its last earnings report, AOL revealed that it poured $40 million into its hyperlocal news platform Patch in the quarter. It’s no secret that AOL, Arianna Huffington and CEO Tim Armstrong have high hopes for Patch. And today, the company is announcing that that Patch will launch 33 new sites in New Hampshire, Iowa, and South Carolina —the first three states to hold primaries… Read More

  • AOL, Patch Team Up With Slew Of Journalism Schools For PatchU Project

    AOL and its subsidiary Patch this morning announced the launch of PatchU, a new network of partnerships between local Patch publications and journalism schools, colleges and universities to help prepare the next generation of journalists for future endeavors in the ever-evolving new media landscape. The initiative, which debuted this fall, offers internship and coursework opportunities at… Read More

  • Fwix Shifts From Local News To Places: "We Are Automating Patch"

    For the past two years, Fwix has been building a hyperlocal news site for cities and neighborhoods around the country in a very automated fashion. Its homepage for every city has been three columns filled with recent news and blog headlines, along with other local data like weather (see second screenshot below). Today, it is scrapping that approach to become more of a hyperlocal places… Read More

  • AOL Opens Its 100th Patch, Targets 500 By Year's End (TCTV)

    AOL Opens Its 100th Patch, Targets 500 By Year's End (TCTV)

    When AOL bought hyperlocal news site Patch in June, 2009, it covered five towns in Connecticut and New Jersey. On Tuesday, it will open its 100th Patch, and by the end of the year it plans to open 400 more for a total of 500. I recently visited AOL’s headquarters to learn more about what Patch is all about. “We look at what we are doing as digitizing towns,” says Patch… Read More

  • AT&T fixes throttle problem on 3G network

    AT&T found a defect in their Alcatel-Lucent equipment about a month ago that, under certain conditions, throttles upload speeds to 100kbps. This of course is not a good thing, so they’ve been working on the problem and identified a software defect that was causing the problem. Good news is, the patch has been released and is currently being pushed out to everyone using the… Read More

  • AOL Now Employs 4,000 Journalists (But Only 500 Are Full-Time)

    It’s no secret that AOL is aggressively building out its content strategy. Today at TechCrunch Disrupt, AOL CEO Tim Armstrong says that the company now employs 4,000 journalists, 3,500 of which are part-time or freelance. As of last October, the company employed roughly 3,000 journalists. That’s pretty decent growth in a matter of six months. Of course, AOL has launched a number… Read More

  • AOL Launches Charitable Organization Patch.org To Fund Hyperlocal News Sites

    We recently learned that AOL is pouring money ($50 million to be exact) into Patch, a hyperlocal news platform that operates local news sites for 41 small towns and communities in New York, New Jersey, Massachusetts, Connecticut and California. Now AOL is launching a charitable offshoot of Patch, called Patch.org, which will support the funding of hyperlocal news sites in… Read More