Effective period / Period of releases: 1987 - 1989

Members: Карен Мелик, Александр Ларионов, Алексей Савельев, Герман Смирнов, Вячеслав Рухлов, Сергей Макаров, Владимир Гладкович, Сергей Луганский, Александр Бобров, Михаил Пахманов, Георгий Корнеев

Soviet heavy metal group created by keyboardist Александр Бобров in 1986, essentially through the adoption of a new name for Фантазия ensemble (which, by that time, had already been a hard-n-heavy band for several years). The band played both heavy metal/hard rock and rock/metal arranged songs of Beethoven, Bach and other classical music. Disbanded in 1989. On the ruins of Магнит Alexander Bobrov created a rock band Кредо.

Last known line-up:
Карен Мелик - Vocals & Keyboards
Сергей Луганский - Vocals
Александр Ларионов - Guitar
Вячеслав Рухлов - Guitar
Герман Смирнов - Bass Guitar
Владимир Гладкович - Drums
Алексей Савельев - Keyboards

Past members:
Георгий Корнеев - Vocals (1986-1987)
Михаил Пахманов - Vocals (1987)
Сергей Макаров - Guitars (1989)
Михаил Саушев - Bass Guitar (1986—1987)
Игорь Лячин - Bass Guitar (1987)
Сергей Лобанов - Drums (1986—1987)
Андрей Белизов - Drums (1987—1987)
Михаил Лотков - Keyboards (1986—1987)
Александр Ставинцев - Keyboards (1987)