Think of an internet acronym. Remove one letter and phonetically, you're left with the name of a song recorded in 1969.
Photo courtesy of
bsabarnowl and L.Bo
A:
The image is a Cadillac Fleetwood on a Mac computer, an obvious reference to Fleetwood Mac, who in 1969 recorded "Oh,Well".
Take the acronym lol (laugh out loud). Drop the first l and you're left with o l, which sounds like oh well.