This assumes that you have setup a DV server with root access and have already installed the developer tools in your mediatemple account. You must also create a user and give it SSH access.
Perform the following commmands to successfully install imagemagick.
yum install ImageMagick*
mkdir rw /tmp2 pear config-set temp_dir /tmp2 pecl install imagick
Login to MT Plesk, go to PHP Settings, in Additional directives box, add the following line and click ok:
extension=imagick.so
service httpd graceful
Your DV server at Mediatemple has a text editor called vi. Here's how to use it.
vi /etc/php.ini
press i to instert vi vim, press ESC, type ZZ
yum -y install python-pip