'Boston Phoenix' Announces Closure; 50 Staffers Will Lose Their Jobs

The Boston Phoenix announces it’s folding and this means 50 people will be out of their jobs.

Apparently it cost more than $1 million each year to keep the publication in business. The alt-weekly was founded in 1966 and is closing immediately. As in now.

Publisher Stephen Minich released a memo that was posted on JimRomenesko. Here’s an excerpt:

“I can state with certainty that this is the single most difficult communication I’ve ever had to deliver and there’s no other way to state it than straightforwardly –

As of now the Boston Phoenix has ceased publishing and wfnx.com

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