Patch Traffic Doubles

Jeff Bercovici reports on Patch.com:

https://i0.wp.com/www.mediabistro.com/mediajobsdaily/files/2010/09/patch.9.28.10.jpg

Spending $315 million to buy the Huffington Post was a big deal for AOL, but, in terms of ongoing investment, Patch is a much bigger one. The hyperlocal news network is burning through $40 million a quarter — more than Huffpo spent in all of last year.

Continue reading:

http://blogs.forbes.com/jeffbercovici/2011/05/27/some-good-news-for-aol-patch-traffic-has-doubled-this-year/

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