Life Magazine dead again but will put its 10m pictures online

In yet another sign of trouble for the ailing newspaper industry, Time Warner's Time Inc. said Monday that it will shutter Life magazine next month, citing an increasingly tough environment for papers...

Life will continue to have an online presence where Time plans to push ahead with its plans to post the magazine's entire collection of 10 million photographs online by the end of the year.

Life became a magazine icon during its first incarnation as a weekly magazine from 1936 to 1972. Time resuscitated the title in 1978 as a monthly, closing it again in 2000. In October 2004, Life was revived as a weekly newspaper insert.