We have the same issue in our home. I sell magazines so as you can imagine we have way too many subscriptions. I can't help myself each time a magazine subscription that I have been wanting goes on sale, I just have to order it!
My initial solution were these:
I bought three of them since they were around $15 each it was a good bargain. I have one in each bathroom, as atrocious as it sounds my husband and the children need their reading materials in there, as well as having put one next to my husbands recliner. I simply took the rod for toilet paper off of the one next to his recliner. As much as this has helped our magazine issue, its still not enough. My next solution is this I think,
These run between $40 and $60 and I think it will add a nice touch to our living area. The two baskets underneath will house many newspapers and magazines! Maybe that is something you could use.