Arab Today, arab today boston phoenix alternative weekly folds
Last Updated : GMT 01:11:52
Arab Today, arab today
Arab Today, arab today

Boston Phoenix alternative weekly folds

Arab Today, arab today

Arab Today, arab today Boston Phoenix alternative weekly folds

Washington - UPI

The groundbreaking alternative weekly newspaper the Boston Phoenix ceased publication Thursday, with the publisher saying its losses were not sustainable. \"Thank you Boston. Good night and good luck,\" the newspaper said in a Twitter message. Publisher Stephen M. Mindich said in a statement to staffers the \"significant financial losses\" at the newspaper -- which six months ago reinvented itself as a glossy magazine -- were \"no longer sustainable.\" \"I cannot find the words to express how sad a moment this is for me,\" Mindich, who was with the newspaper almost since its beginning 48 years ago, said in his statement. \"We have had an extraordinary run,\" he said. Sister Phoenix publications in Providence, R.I., and Portland, Maine, will stay in business, Mindich said, but WFNX.com, the Phoenix Media/Communication Corp.\'s online radio station, \"will not continue as it is.\" He didn\'t say what its fate would be. Mindich blamed the shutdown on \"the economic crisis beginning in 2007 and the simultaneous radical changes in the media business, particularly as it has affected print media advertising.\" About 40 employees will be let go within the week and another 10 or so will leave soon thereafter, Executive Editor Peter Kadzis told The Boston Globe. Kadzis described the general Phoenix staffer reaction when Mindich told them the news as \"shell-shocked.\" Several people cried, a person at the meeting told the Globe. The Boston Phoenix\'s parent company doesn\'t plan a formal bankruptcy filing, but hired a Boston law firm to liquidate the newspaper\'s assets and distribute proceeds to creditors, the Globe said. The newspaper has $1.2 million in debts and more than $500,000 in assets, but the assets mostly consist of promised goods and services and will likely fetch significantly less than the half-million, attorney Stephen F. Gordon told the Globe. The Phoenix was founded in 1965 by former Massachusetts Institute of Technology student newspaper editor Joe Hanlon as a four-page arts-news sheet inserted in Harvard Business School\'s student newspaper. It has won numerous journalism awards, including a Pulitzer Prize in 1994 for classical music writer Lloyd Schwartz.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today boston phoenix alternative weekly folds Arab Today, arab today boston phoenix alternative weekly folds

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today boston phoenix alternative weekly folds Arab Today, arab today boston phoenix alternative weekly folds

 



Arab Today, arab today
Arab Today, arab today Designer Aql Faqih aspires to innovation

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation
Arab Today, arab today Italy regions back 'big bang' autonomy

GMT 07:10 2017 Monday ,23 October

Italy regions back 'big bang' autonomy
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Trump: End of Daesh is in sight

GMT 20:29 2017 Monday ,23 October

Trump: End of Daesh is in sight
Arab Today, arab today Maltese demand justice for murdered

GMT 06:08 2017 Monday ,23 October

Maltese demand justice for murdered
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today World's deepest lake in peril

GMT 15:54 2017 Friday ,20 October

World's deepest lake in peril
Arab Today, arab today Ex-French minister Dati wants tough action

GMT 10:54 2017 Thursday ,19 October

Ex-French minister Dati wants tough action
Arab Today, arab today Lost Australia diver swam miles

GMT 19:09 2017 Monday ,23 October

Lost Australia diver swam miles
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Tesla to build wholly-owned plant

GMT 07:55 2017 Monday ,23 October

Tesla to build wholly-owned plant
Arab Today, arab today EU raids automaker BMW

GMT 11:06 2017 Saturday ,21 October

EU raids automaker BMW
Arab Today, arab today Rogina happy for reactions to “The Flood”

GMT 09:30 2017 Friday ,20 October

Rogina happy for reactions to “The Flood”
Arab Today, arab today Delhi braces for pollution 'airpocalypse'

GMT 16:07 2017 Friday ,20 October

Delhi braces for pollution 'airpocalypse'

GMT 08:15 2017 Thursday ,19 October

Actress Mona Zaki praises husband’s role

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam

GMT 19:09 2017 Thursday ,19 October

Massacre fears spark race

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 06:07 2017 Sunday ,22 October

15,000 Under Fives Die

GMT 12:54 2017 Saturday ,21 October

Malaysia Airlines picks new CEO

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 20:46 2017 Thursday ,19 October

Qualcomm files lawsuits in China to ban iPhones

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday