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paidContent - paidContent Quick Hits For Weekend: 08.16.09

This story was written by Rafat Ali.

»  Redbox’s video game rentals kiosks starts going live; first one in Reno, NV and rents games for $2.

»  France Telecom’s East Coast research center in Boston, Orange Labs is closing, after seven years. Cost cutting is the reason.

»  A 35-year old is the new head of Univision. And the company wants to become the No. 1 broadcast network in the United States, regardless of language, within five years. Ambitious.

»  Travelzoo is selling off its Asia-Pac division…in heavy operating losses.

»  Aussie car sales site CarSales is about to go public, but PBL Media, its largest shareholder, is holding on to its 49.5 percent stake.

By Rafat Ali

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