The Banner, which serves Boston's black community, announced today it is suspending operations. Publisher Mel Miller's statement:
After careful consideration the Bay State Banner has decided to suspend publication. The severe reduction of advertising during this recession has placed an impossible burden on the resources of the 44 year old weekly newspaper. The Bay State Banner will resume publication only after satisfactory financial arrangements have been completed.
But! It may only be an attempt to interest investors; Miller says it's only for a couple weeks - although one advertiser reported getting back this response to a question about the paper folding:
I'm really sorry to report but the Banner is not publishing after this week's paper. We cannot remain in business in this economic climate and will continue to look for new owners/investors while we are closed so at some point it can reopen and continue on its mission. Until then, there is no Banner. Real bummer – and sorry for the inconvenience.