This text presents a re-reading of researches about the Papel Periódico Ilustrado and about the way the relationship between texts and images have been addressed, which it presents as an illustrated literary periodical publication; as from this review some perspectives of analysis are suggested. It realizes a state of the art of the studies about the newspaper and a review through the ways in that relationship has been comprehended in other countries, in newspapers with similar literary or illustrated character. In the end, it proposes some questions that open perspectives about the form in which that relationship can be understood, from art and literature.