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BloggingStocks writer John Ogg recently reported on Time Warner's decision to discontinue the print publication of Life, which has had some of the most famous magazine covers in history, including the shot of Marylin Monroe pictured here.
While that magazine has been struggling (and going in and out of print) for decades, there is a certain degree of symbolism in its downfall: Once one of the most read magazines in the world Life, like the print media in general, has faced increased competition for internet sources.
The reason that it has gone out of print, ultimately, is that the Time Warner executives in charge of the magazine were unable to answer this question: Why should I buy a copy of Life instead of getting similar content on the internet?
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