A revamped magazine theme from Gabfire

Price: $59
NewsPro has been completely revamped under the hood with re-written style files and integration of some new features.
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See more traditional Magazine WordPress Themes  or check out more Responsive Blogging WordPress Themes

A fully customizable magazine theme
A theme with extensive options, including an import/export system, 2 layout options (Full width/ Fixed Width), 3 types of posts (articles/video/slideshow), 19 Custom Widgets and more.
Price:
$35
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Link: Goodnews WP Theme

A flexible WordPress blog/magazine theme built with latest features
This theme comes with a review system (up to 7 custom criteria), powerful theme options panel and the homepage layout is very flexible. You can built your own layout using the homepage widgets or use a classic view style for traditional type of blogging.
Price: $35
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Link: The Time WP Theme

Newspaper theme from Gabfire Themes
City Disk is a featured-packed magazine & newspaper premium WordPress theme from Gabfire. Neat features include multiple category layout options, a smart navigation menu that includes sub-navigation items, a featured content slider, 2 different post layout options, 5 header styles, 7 color styles and a media gallery module.
Price:
Standard Pack: $59
Developer Pack: $179
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Link: City Desk WP Theme

An elegant magazine theme with custom homepage layout
Splendid is a modern magazine WordPress theme with premium features: a custom homepage layout, 3 layout options for posts or pages, 5 custom page templates including 2 directory style templates, a short codes manager, video integration with automatic thumbnails, advanced options panel, and 5 color styles.
Price:
Standard Package: $69
Developer Package: $149
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Link: Splendid Magazine Theme