The end of The Bulletin

ACP Magazines has announced (24 January 2008) that It is closing down The Bulletin, Australia's longest-running magazine, launched in 1880. Official explanations from PBL Media, which owns ACP, point to the decline of print as a source of news due to readers' preference for the internet. A statement quoted figures from the Audit Bureau of Circulation which showed that The Bulletin's circulation figures dropped by almost half from the mid-nineties to 2007. However, there are also arguments purporting to a steady decrease in appealing content. Either way, there goes a piece of Australian journalistic history.