Patch Doles Out Daily Deals

Posted Thursday, August 11, 2011 11:52 am

By: Rick Robinson | Street Fight

Patch certainly reports the news, but it also seems that often Patch is the news. This is one of those weeks. And not simply because one of their interns recently helped assist an injured pedestrian, and Patch covered it.

The hyperlocal news destination that AOL’s betting a bunch on (closing in on $200 million invested thus far) announced last week that it had crossed a milestone of one million articles published (bam!). It’s also rolling out a shiny new daily deals product in over 800 of its communities (pow!). Meanwhile, on the heels of poor earnings, AOL’s stock price goes into freefall in part blamed on weak ad sales (Patch included — thwat!). Never a dull moment.

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Patch Doles Out Daily Deals

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