It's not easy trying to make money as a hyper-local network these days (just ask AOL's Patch), but in a surprising move, NBC just announced that it is shutting down EveryBlock, the Knight Foundation-backed news and information site MSNBC acquired in 2009. In an email to Poynter.org, Senior Vice President and Chief Digital Officer of NBC News Vivian Schiller wrote that the service "wasn?t a strategic fit with our growth strategy and ? like most hyperlocal businesses ? was struggling with the business model.?Source: http://feedproxy.google.com/~r/Techcrunch/~3/Dtbgg53i5qQ/
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