Microsoft is reportedly in talks with former News Corp President Peter Chernin to create a TV channel that is exclusive to Xbox Live subscribers according to a Bloomberg report. The two are said to be in private talks about the possible addition to Microsoft’s online game service according to “people with knowledge of the proposal.”
The channel would offer both original programming and re-runs and be owned jointly by both Microsoft and News Corp. At one point, Conan O’Brien was rumored to be in talks to bring his late night talk show gig to Xbox 360 until he ultimately signed with TBS.
The potential downside to gamers in this rumor is that a price increase to Xbox Live subscriptions is rumored to come along with the new channel. The increase would be $1 to $2 a month in order to provide programming aimed at Xbox 360 owners. Whether that price would be added to the current Gold price of $50 a year or create a new subscription tier is unknown at this point. Xbox Live Gold subscribers can frequently find deals for $40 or less for a year currently but any price increase to the base price will be met with resistance.
The Xbox 360 currently offers TV shows and movies for purchase through Xbox Live Marketplace as well as through Netflix streaming subscriptions. The PS3 offers the same but does not charge a yearly fee for access. The Wii just recently added support for Netflix streaming.
What do you think of the possibility of an Xbox Live TV channel? Would you be wiling to pay $1 to $2 more a month to a Gold subscription or should this be a new “Platinum” tier? Let us know if the comments below.
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