Rebel Theme is a great looking premium news theme which has been released for free. It has a clean design and is extremely fast loading due to its simple layout.

It has space for 125px x 125px adverts and is widget ready so you can customise the sidebar. This template is at the same standard as some of the big commercial templates out there, you don’t see this often so you should check this out.

Full details can be found at the designers site - WP Theme Designer | Live Demo