I asked if there was a way to change the name of a magazine and was told that wasn't an option. So I'd assume deleting them isn't possible either? Not sure about your actual account, I haven't seen any options for that either. (Sorry my answer isn't more helpful, I'm also curious so figured this way I can keep tabs on the replies too)
You can change the name in kbin. Go to the magazine moderator page and edit away
Thanks!