"Wallace sold me 'Meeting with Picasso' piece to Life magazine"
Life Magazine cover
Public DomainLife Magazine cover "The Flapper" by F. A. Leyendecker, 2 February, 1922 - Credit: F A Leyendecker

Life Magazine's most notable contribution to the news magazine publishing industry was its reliance on photojournalism. Indeed, it was America's first all photographic news magazine and was remarkably successful for four decades.

Its popularity did, however, finally peter out and now exists only as an Internet brand name and in the odd special issue edition.