AOL says 100 Patch sites are now turning a profit

01/8/2013 | SmartMoney.com

About 100 of AOL's Patch local journalism sites are adding to the company's bottom line, CEO Tim Armstrong said this week. The overall Patch project, which has 900 sites, aims to create new markets for local digital advertising and is still on track to turn in a net profit by the end of 2013, Armstrong added.

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