Patch

Opinion: Journalism companies are dead. Long live journalists.

We’ve talked endlessly about the future of journalism. It’s time to talk about the future of journalists. The Orange County Register’s new owner thought the way to turn the paper around is through better reporting to lure new and former readers to a revived product. He has since stepped away from managing the paper. (AP Photo/Jae C. Hong) … Read More

Tim Armstrong: AOL will keep 'meaningful minority interest' in Patch

AOL | Business Insider AOL announced Wednesday that it has given up its majority ownership of Patch. In an email to staffers, AOL CEO Tim Armstrong said the new majority owner, a company called Hale Global, will be responsible for Patch's "pivot." That means the network of sites "isn't AOL CEO Tim Armstrong's problem anymore," Nicholas Carlson writes. Patch employees will have a call this afternoon to discuss what this all means. In an email to Patch folks, Patch CEO Bud Rosenthal said anyone who has questions should "please feel free to speak to your HR representative anytime." Full memo: Read More

AOL's CEO still believes in Patch

"The long-term vision was clear: If you get the consumer, can you get the revenue? And we have a whole bunch of Patches where the answer is yes." Read More