After an attempt in September of last year to stay relevant in the changing media landscape, The Boston Phoenix is shuttering for good. Executive editor Peter Kadzis, who has been with the pub for 25 years, said in a press release, “It was the decline of national advertising dollars over the years that made the Boston Phoenix economically unviable.”
The alt-weekly’s publisher, Phoenix Media, will continue to publish Portland Phoenix and Providence Phoenix, as those publications do not rely on national advertising to stay afloat. “The local advertising market is sufficient to support those publications. You can see why Warren Buffett favors small market papers over their big city brothers and sisters,” said Kadzis.