Memo: ‘Regretfully, a number of Patches will have to be closed’

Bud Rosenthal, the new CEO of AOL’s Patch, told employees in a memo sent at 6:14 p.m. ET Friday that “we have believed strongly in the value of a connected local community. However this commitment has not translated into success in every town we serve; therefore, regretfully, a number of Patches will have to be closed. …A handful of sites will close on Oct. 7.” One of my tipsters writes: “We don’t know which sites will have an Oct. 7 blackout date.
http://jimromenesko.com/2013/09/28/memo-regretfully-a-number-of-patches-will-have-to-be-closed/