The document discusses several media theories relevant to creating a magazine, including uses and gratifications theory, utopian theory, two-step flow theory, and hypodermic needle theory. It emphasizes that an effective magazine should fulfill readers' needs for diversion, personal relationships, identity, and surveillance. It also notes the importance of allowing readers to escape from reality through idealized content while still providing real local news and information. Accounting for individual reader characteristics and creating an understanding between publisher and audience through shared codes and conventions is also highlighted.