If you, like me, live in country that is unsupported by Google Play Magazines, than you don’t need this app on your phone.
But here is the tricky part:
I have updated my phone firmware with kies to 4.1.2
(I’m talking about Galaxy Note II GT-N7100 BTW, but you can apply this to any phone/firmware with similar problem)
Every thing was great until I noticed a battery drain. So I looked in battery usage statistics, and so there Google Play Magazines eating my battery for 9 hours(active time). ‘I will just disable this app in application manager’, i thought to my self. But the app wasn’t there. WTF?! I checked the APK in system/app: it was there. Application manager: no Magazines.