The Bulletin closed after 128 years

Australia - Australia's longest running magazine, The Bulletin, has closed after 128 years, following a long period of poor circulation.

Last year The Bulletin, published by ACP Magazines, has sales of 57,039, which is down from circulation highs of over 100,000 in the mid 1990s.

ACP CEO, Scott Lorson, said the weekly news and current affairs title would cease publication from its current issue.

"This is a sad day for all of us at ACP Magazines. The Bulletin has been an institution in Australian publishing and has provided its loyal readers with the best quality, in-depth news and current affairs analysis in the country. The Bulletin has often set the political agenda, broken many important stories and won many awards for journalism over the years," Lorson said.

"We have invested heavily in the title with top editorial, photographic and design staff who have been devoted to making The Bulletin the best of its genre. However, despite our best efforts, the magazine has simply not been commercially viable for some time. With limited prospects for improvement, the time has come to make a very tough decision."

ACP Magazines group publisher men's & specialist titles, Phil Scott, said The Bulletin's Editor-in-Chief John Lehmann had done an outstanding job since joining the magazine in mid 2006.