So the Bulletin is no more.
This is sad news, especially because of the inadequate reasoning offered by the publisher - that it was effectively killed by the internet. The net is great for breaking news and some forms of extensive writing, but not for the kinds of article based journalism of which The Bulletin was a part.
Somehow I don't see Time or The Economist going the same way as The Bulletin. The Bulletin couldn't find its way to sustain the kind of writing found in those journals and had more in common with its Womans Day stablemate than either of them.
The early history of The Bulletin was of a highly nationalistic, populist rag - that employed some really great writers. One wonders why in its more modern guise the publishers didn't try taking it down the populist route - a bit more humour (why did The Chaser need to start their own outlet), a bit more depth in the politics (maybe sack some of the old columnists).
Now we don't have a news magazine - in my youth we also had a weekly news paper of Bulletin pretensions in Nation Review, then Fairfax did a good job with The National Times. There are the writers and the material - some of Quadrant and The Monthly would fit well in the weekly.
Given the magazine didn't compete with anything else in the stable - why not at least try to sell the masthead/brand? And was this a decision L. Murdoch new of before deciding to buy in?