"Karlie Kloss and Josh Kushner to Revive Life Magazine with Print Edition"

Venture capitalist Josh Kushner and supermodel wife Karlie Kloss have purchased the publication rights to Life magazine from IAC, with plans to revive the iconic photography-focused publication in both print and online formats. The couple's media startup, Bedford Media, will oversee the magazine's publication, while Dotdash Meredith will retain the rights to the photo and content archive. This marks their latest venture into media acquisitions, following previous purchases of i-D and W magazines. The move comes amid a challenging time for the news industry, with several publications facing layoffs and closures.