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The Phoenix is an Irish current affairs magazine devoted to political satire and investigative journalism. It was launched in January 1983 and is published fortnightly by Penfield Enterprises Ltd. The magazine was set up by John Mulcahy and he is believed to remain the owner. The name Phoenix is apparently a reference to its "emergence from the ashes" of two of Mulcahy's previous publications, Hibernia, which ceased publishing in 1980 after a libel action, and the Sunday Tribune newspaper, which first collapsed financially in 1982. The current editor is Paddy Prendiville.