• Short Summary

    Life magazine, founded 36 years ago as an innovation in photo-journalism, will cease publication at the end of this month.

  • Description

    Life magazine, founded 36 years ago as an innovation in photo-journalism, will cease publication at the end of this month.

    Its publishers, Time Incorporated, said Life had lost 30-million dollars (about 13 million sterling) in the last four years and faced the prospect of even bigger losses.

    They blamed the magazine's death on the growth of television, the popularity of specialised magazines and an impending increase in U.S. postal rates.

    In the last two years, Life's circulation had been cut back from 8.5-million to 5.5-million.

    The magazine's critics said it had failed to adjust to the electronic age--that readers were not really interested in colour pictures of events such as the Munich Olympics, two weeks after they had seen them live, and in colour, on their television screen.

    Chairman Andrew Heiskell outlined some of its achievements.

  • Tags

  • Data

    Film ID:
    VLVAEQ7R48BCYAWK901DZQJQVXRE9
    Media URN:
    VLVAEQ7R48BCYAWK901DZQJQVXRE9
    Group:
    Reuters - Source to be Verified
    Archive:
    Reuters
    Issue Date:
    09/12/1972
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:00:59:00
    Time in/Out:
    /
    Canister:
    N/A

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