Each Patch Costs $150k A Year?!?
One analyst has estimated that AOL is spending $150,000 per year on each of its roughly 1,000 Patch sites, the WSJ says.
That’s insane.
We know that each Patch has a jack/jill-of-all-trades editor who makes around $40,000. Then there’s the freelance budget (roughly $26,000 a year, we hear) and the salary for each regional editor who oversees a number of individual Patch sites. Let’s estimate that each regional editor makes $100,000 and oversees five sites. That’s $20,000 a year per Patch.
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