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Revolving Door Newsletter: 10.13.09

Fox News Eyes Lou Dobbs; Yahoo Loses More Execs

October 13, 2009
Condé Nast is in the red, and the Newhouse trust is making up the difference. Keith Kelly reports the family, especially Si Newhouse and his $4 billion, is personally underwriting losses at the company and isn't happy about the media giant losing what some estimate to be close to $200 million. Though Condé CEO Charles Townsend insists losses aren't anywhere near that amount, he concedes that 2009 was a "very painful year" for the company that has laid off almost 400 workers (but launched a dating site). On Friday, Glamour Sign Up Now!