The news article discusses the impact and legacy of National Lampoon, a comedy Magazine that revolutionized comedy culture. The magazine used humor as a weapon and was known for its barbed and nasty laughs. It pioneered nostalgia send-ups and introduced characters like Larry Kroger and Madison Avenue “Zippy” Jones. The magazine also expanded into other media, including comedy albums and a radio show featuring future famous comedians. However, the magazine also faced criticism for its inclusion of topless women and sexist content. The article concludes by mentioning the success of National Lampoon's Animal House and the decline of the magazine.

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