Busy Bee Theme by WooThemes
Busy Bee sports a stylish design that will support large amounts of multimedia content. You can definitely use this wordpress theme for a magazine / news site or just for your personal wordpress blog (screenshot).
13 amazing colour schemes: check the theme options page.
Busy Bee Demo: http://www.woothemes.com/demo/busybee/
Busy Bee Demo: http://www.woothemes.com/demo/busybee/