A Letter From The Publisher, Dec. 18, 1972

THIS is a painful letter for me to write. By now you undoubtedly know that LIFE magazine will stop publication with its next issue. TIME's current Press section explains the reasons why, and summarizes the history of the world's great pioneering picture magazine, the magazine that brought the globe to America's doorstep.

What I want to say here is more personal—something of what we at TIME have always felt for our sister publication. We were older (TIME started in 1923; LIFE in 1936). But LIFE by its nature was more spectacular and glamorous. We...

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