: Despite the film’s mixed critical reception, the song is viewed as a "vehicle of inspiration," reflecting the power of belief and following one's destiny.

: "Magic" plays during Kira's first encounter with the protagonist, Sonny (Michael Beck), in an abandoned nightclub, as she encourages him to pursue his creative dreams.

: Billboard ranked "Magic" as the third biggest single of 1980 , trailing only behind Blondie's "Call Me" and Pink Floyd's "Another Brick in the Wall".