Tag: Patch.com
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Hyperlocal Lives! Chris Jennewein and The New ‘Times of San Diego’
Chris Jennewein The layoffs at Patch have been met around the industry as the latest sign that hyperlocal can’t work because of the difficulties in scaling content and ad sales locally while attracting a reasonable quorum of local readers. Hale Global, the new owners at Patch, don’t believe it. And neither do the hundreds of…
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Hyperlocal Lives! Chris Jennewein and The New 'Times of San Diego'
Chris Jennewein The layoffs at Patch have been met around the industry as the latest sign that hyperlocal can’t work because of the difficulties in scaling content and ad sales locally while attracting a reasonable quorum of local readers. Hale Global, the new owners at Patch, don’t believe it. And neither do the hundreds of…
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Patch President Warren Webster on ‘Patch 360’ Initiatives
AOL’s Patch.com, which is now in 813 markets, is meeting internal goals and poised for success, according to President Warren Webster, who addressed San Diego Interactive Day yesterday. Webster said Patch is now reaching 6.9 million unique visitors and has seen 194 percent growth in the past six months. The site will continue to rapidly…
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AOL Buys Huffington Post; Huffington to Run AOL Local
AOL will buy The Huffington Post for $300 million in cash and $15 million in stock, and put Arianna Huffington in charge of the AOL Local sites (MapQuest, Patch, MovieFone) as well as its growing collection of opinionated tech and vertical news properties, such as TechCrunch, Engadget and Popeater. AOL’s vertical sites, such as TMZ.com,…
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Main Street Connect Raises $4 Million
Main Street Connect, a new hyperlocal network founded by former community newspaper executive Carll Tucker, former SmartReply exec John Falcone and others in the New York suburbs, notified the SEC on May 26 that it has raised $3.97 million for “working capital” from ten angel investors. The same form notes that the company will attempt…