As reported by John Freeman over on Down The Tubes, a new magazine is launching on the 6th of February and goes by the name of Mega!. Going by the above cover, the magazine looks very similar to Toxic, using both T.V. celebrities and cartoons to fill up its pages, alongside some new Jamie Smart comic strips.
The only negative so far is the awful cover. At first glance you can't tell which word is the title, as it appears the same size as every other bit of text and is crammed into one corner, so that as much as possible can fit on the cover. Hopefully this will be sorted out when the comic is actually published, as the cover is the main selling point and should look nice and tidy!
Mega! is published by Immediate Media and will come out monthly for £2.99 - the same price as The Phoenix!