Yes, the medium is print. Refer to 5.4.6 in the MLA Handbook.

Here are a few  examples of magazines published every week:

Groopman, Jerome. “The Plastic Panic.” The New Yorker. 31 May 2010.

26-31. Print.

Von Drehele, David. “A Pitchfork Primary.” Time. 31 May 2010. 22-25. Print.

Volume and issue numbers are not needed even if given. Easy peasy.

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