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Boston Phoenix to Shut Down, Portland Phoenix to Continue
03/14/2013 03:08 PM ET  

In a letter to staff, Phoenix Media Publisher and CEO Stephen Mindich cites declining advertising dollars, the economic crisis of 2007 and the impact of technology on the 47-year-old alternative weekly.

The 47-year-old alternative weekly, the Boston Phoenix, is publishing its last issue Friday. But Phoenix officials say the Portland Phoenix and the Providence Phoenix in Rhode Island will continue.

In a letter to staff, Phoenix Media Publisher and CEO Stephen Mindich says declining advertising dollars, the economic crisis of 2007 and the impact of technology on the newspaper industry have combined to make the Boston arts and news publication "unsustainable."

"Because of their smaller scale of operations and because we believe that they remain meaningful publications to their communities, with some necessary changes to each, it is our intent to keep the Providence and Portland Phoenixes operating and to do so for as long as they remain financially viable," Mindich says.

In a statement, Phoenix Media Executive Editor Peter Kadzis says the local advertising markets in Portland and Providence are still sufficient to support those Phoenix publications.

The Boston Phoenix's last paper edition is Friday, and it will cease its online publication a week later, on March 22.



 

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