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Report: Microsoft to Unveil Subscription-Based Xbox 360 Console

May 2, 2012 by Ian Miles Cheong

A report suggests that Microsoft has plans to unveil subscription deal for the Xbox 360.

xbox controller close up

Microsoft has plans to release a $99 Xbox 360 package with a monthly subscription as early as next week, according to a report just published by The Verge.

The report says that buyers will have to pay a $15 monthly subscription for two years for a 4GB console with a Kinect sensor. The two-year subscription will also come with an Xbox Live Gold service as well as additional streaming content from cable providers. The deal will also provide subscribers with a two-year warranty for the console itself.

Anyone who chooses to break their contract ahead of the two year period will have to pay a termination fee.

We'll provide you with any updates as we get them.

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