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WSJ Report: Patch is on Brink of Closure

 

The Wall Street Journal is reporting that AOL Inc. Chief (Ignorant) Executive Tim Armstrong is resorting to major cuts at the company’s Patch local news unit in a last-ditch effort to turn it into the profitable enterprise he promised it would be by the end of the year.

Taps are starting to play to the delight of many local print newspaper publishers.

See story here, enjoy print publishers!

AOL Chief Ignoramous Tim don't call me LAnce Armstrong waving bye bye to Steve Kalin his top exec and all Patch sites.

AOL Chief Ignoramus Tim “don’t call me Lance” Armstrong waving bye bye to Steve Kalin his top exec and all Patch sites. Good riddance.

 

 

 

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4 Comments on "WSJ Report: Patch is on Brink of Closure"

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McMahon, J.
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Sunday, August 11, 2013. Cerritos Patch.com Hate seeing any form of news media quitting, as public depends on their news feeds for transparency. Patch.com does not have the top rated Calif administration and our local reporter is very lax on getting out and reporting our rich 90703 Social News. Had lengthy details w/ both local and statewide administration and very very disappointed. Would Ted Turner approve of today Patch staffers? 1. Orange Co. Register- awesome job of local reports. On Line Viewers will not pay to read news. 2. Times + Press Telegram- horrid job on reporting 90703 news. 3.… Read more »