The Phoenix Media/Communications Group owner and publisher, Stephen Mindich,
announced today that, with the issue dated October 17, the Providence Phoenix â€” the 36-
year-old alternative news and arts weekly â€” will cease publication.
â€œIt is unquestionably sad to see the Providence Phoenix cease publishing and realizing
the void it will leave,â€ said Phoenix Media/Communications Group COO Everett Finkelstein.
â€œIâ€™m, however, somewhat gratified, knowing weâ€™ve left an indelible mark on our loyal
readers who for 36 years have turned to us for our unique coverage of the rich culture,
politics, and lifestyles of our community. But the unhappy reality of todayâ€™s media world
is that the continual shrinkage of print advertising revenue and the increasing costs of
producing an award-winning newspaper such as the Providence Phoenix made this no
longer economically viable.â€
The Providence Phoenixâ€™s Farewell Issue will look back at the paperâ€™s history, with
comments from past writers, editors, and other luminaries. The issue will also include a
portfolio of longtime Phoenix photographer Richard McCaffreyâ€™s best shots, and more.
Below is the full text of Mindichâ€™s statement to Providence Phoenix staff:
â€œAbout a year and a half ago when the decision to shutter the Boston Phoenix
was made, it was my deep desire to keep publishing the Providence Phoenix and keep its
extraordinary legacy alive.
â€œSadly, after making massive budgetary adjustments in order to trim the costs of
operations to a level where we could at least financially break-even, while also ensuring
we could keep the paperâ€™s editorial quality at the exceptional level we all demanded – the
raw reality of continued losses month after month finally had to be confronted. After an
enormous amount of analysis looking for resolutions and growth opportunities, along with
profound personal soul-searching, I have made the difficult decision that the time has come
to close the Providence Phoenix.
â€œThere is no adequate way to thank everyone here today, and all of those who over
the years have devoted their efforts and amazing talents to this marvelous enterprise and
to our Phoenix family.
â€œWhen the final issue is put to bed, printed and distributed and we thank our
many readers and advertisers, the City of Providence, and the State of Rhode Island â€“ we
do so with great pride in knowing that during the decades we have been here we made a
difference, and for that we should all be truly proud.
â€œAgain, my deepest gratitude and sincerest thanks to each and every one of you.â€