Patch hits a slippery patch!

Patch hits a slippery patch!

I enjoy the local flavor of the Farmington Patch and the opportunity it offers to discuss statewide and national issues with local audiences.  I find it interesting that there was no mention today of the AP story in which AOL Inc is reported to be laying off up to half the workforce at its Patch local news sites and shuttering or consolidating roughly 150 of the 900 sites while looking for partners for others.

First Newsweek goes exclusively "digital", the Boston Globe sells for a huge loss, then the Washington Post, and now the first "new Media" web effort at local news hits a rough patch [out of deference to the dead I will not mention Air America or Current TV].  What do these failures to achieve or maintain market penetration, reader loyalty and journalistic credibility [oops forgot to include CONSISTENTLY MAKE A PROFIT] have in common?  Could it be their lack of fair and balanced coverage of current events or their active support of Progressive / Collectivists' efforts to fundamental transformation of our Constitutional Democratic Republic or just bad business models poorly executed?

USA TODAY and The Blaze versions of the story.

When allowed to function, the market works! I miss America.