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Providence Phoenix Weekly Ceasing Publication

PROVIDENCE, R.I. — The Providence Phoenix, a 36-year-old alternative news and entertainment weekly, is ceasing publication next week.

Stephen Mindich, the Phoenix Media/Communications Group's owner and publisher, announced Thursday the last issue will be distributed Oct. 16.

Chief Operating Officer Everett Finkelstein said shrinking print advertising revenue and increasing production costs led to the decision.

The paper had survived for more than a year after the closing of the Boston Phoenix, the group's flagship publication.

Mindich said in a statement to staff "the raw reality of continued losses" finally had to be confronted. He said "we made a difference, and for that we should all be truly proud."

According to its web site, the publication began as NewPaper and was acquired by the Phoenix in 1988. The group also publishes the Portland Phoenix in Maine.