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For now, Phoenix Media/Communications Group will continue to publish the Providence Phoenix and Portland Phoenix "for as long as they remain financially viable," Mindich wrote in his statement to readers. Mindich blamed the economic crisis that began in 2007 and the drop-off in newspaper advertising for the decision to shutter the weekly.
In August 2012, the Boston Phoenix newspaper merged with Stuff magazine to convert the Phoenix into a weekly magazine format. The publication was an eclectic mix of coverage of the local arts and music scene, political coverage from a liberal viewpoint and, at one time, risque adult services ads.
Mindich announced that wfnx.com would not continue in its present form.