Sure, I could probably pick one up at The Container Store for about $10, but where's the fun in that?
DIY Magazine Holder
made from a 12-pack box
Things you need:
1 12-pack beer/soda bottle box (not cans)
Grab your box.
Cut off the flaps, and cut it in half at the sides (the short ends).
Slide one side into the other (you'll be surprised at how easily they fit in together) and use the packaging tape to secure the sides and bottom together. Also cut an angled curve off of one side to allow for viewing the magazines.
Now grab some paper for the outside. For this project, I prefer the really large pieces of paper that can be wrapped all the way around for continuous coverage, but if you were doing a collage or mish-mash of paper, then size doesn't matter.
Apply Mod Podge to one side of the cardboard holder, and press the paper down, working to get out all the bubbles.
Work your way around the box until it is completely covered. Trim the ends of the paper so you can fold them down into the inside and underside of the box, and Mod Podge down.
Now grab another complementing paper, and Mod Podge it to the inside of the box. This will cover up the ends of the outside paper, and will give a nice contrast to the inside. Since this will have magazines in it all the time, you don't have to go all the way to the bottom with the inside paper. Just halfway down or so will be fine since no one will see much further down than the top anyway.
Finally, apply a topcoat of Mod Podge to the inside and the outside to seal the paper. You may have to do this in batches otherwise it will be hard to find a way for it to dry without it sticking to something!
Once it's dry, slide the magazines in, and enjoy!