The Providence Phoenix will cease publication, publisher Stephen Mindich said Thursday, ending a 36-year run for the alt-weekly.
“Sadly, 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 paper’s editorial quality at the exceptional level we all demanded, the raw reality of continued losses month after month finally had to be confronted,” Mindich said in a statement to the paper’s staff.
A farewell issue dated October 17 will be the paper’s last, and will include features on its history along with comments from former writers and editors.
The Providence Phoenix’s demise follows the March 2013 shuttering of the Boston Phoenix. Both papers cited shrinking advertising revenue and increasing costs in deciding to close.
“Everyone knew we weren’t on steady ground after what happened in Boston, but it was still a little bit of a surprise,” said Providence Phoenix News Editor Phil Eil in an interview.
Eil said the paper’s closing was a blow to the city’s arts and music scene. The timing was particularly painful, coming amid a contentious election season.
“We were an honest broker reporting about politics that can be infuriating and corrupt and silly,” he said. “I’m enormously proud of the work we’ve done.”
Eil said he expected that a third paper owned by Mindich’s Phoenix Media/Communications Group, Maine’s Portland Phoenix, will continue to operate for now.