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The first magazine invented in Germany and is called Erbauliche Monaths-Unterrdungen, (Edifying Monthly Discussions).
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Magazines began as connected articles where very educated people freely wrote thier own opinions. Daniel Defoe created the first English magazine, The Review.
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In the 1880s, only the very rich read magazines, they were small soft cover books thet only educated people could understand. Poor people read tabloids and newspapers. Magazines were very expensive, basically because the printing technology back then was very limited. Even the most popular magazine had a run of 100,000 copies.
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National Geographic first published and sold in 1899.
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Time, the first newsmagazine from the United States, was created by Henry Luce in 1923.
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Henry Luce created Sports Illustrated in 1954
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In 1967, Rolling Stone became one of the most popular special-interest magazines.
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I think that magazines will continue to get more and more digitally enhanced, and no longer be printed on paper.