I am looking to create a site for the purpose of earning ad revenue and selling themes. Wordpress Themes are a bit less complicated compared to wordpress plugins, but unfortunately , i am not that great of a designer nor graphically inclined. But i can turn a design into a theme very easily. The idea of IonThemes is that artist and designers submit designs to be transformed into a wordpress theme. The theme itself will contain links back to IonThemes and the artists website. The theme will be listed as the artists ( though copy right will be shared ). The artists will take 90% of ad revenue generated from pages displaying there themes, and if the designer so chooses to sell the theme for a price ( the artist set the price ) , artist take 75% of the profits for one year, and after that take 100% of the profits ( ad revenue splits will be skipped for themes that are sold at a price versus a free download ).

There is some more info at the site – go check it out and submit a design so we can both make some money