Literatūra ir menas was first published as a monthly supplement to the newspaper Tarybų Lietuva (Soviet Lithuania).
[1] Since 2005, it has been published by the Public Institution of Literatūra ir Menas, founded by the Lithuanian Writers' Union.
With funding from the European Union, Literatūra ir menas updated its format and became a magazine.
[2] The magazine includes articles on cultural events, literature, music, visual arts, theater, film, architecture, Lithuanian cultural heritage, as well as original and translated fiction.
[3] The magazine was published weekly, but it become biweekly in 2018 due to reduced funding from the state.