TheVerge.com is reporting that Microsoft will soon launch a new $99 Xbox 360 bundle which will include a 4GB Xbox 360 and Kinect sensor. Upon purchasing the bundle, consumers will sign a 2-year subscription service contract, which will include access to Xbox Live Gold, a 2-year warranty, as well as the possibility of some additional streaming content on Xbox Live for just $15 a month. If the buyer wishes to terminate their contract early, they will be subject to an early termination fee. When you do the math, those who purchase the bundle will have paid approximately $460 over the duration of the contract. Think of this model as something you might expect from a mobile phone service provider.
While still a rumor in every sense of the word, the move would make sense for Microsoft, who is competing with companies such as Apple, Sony and Roku for living room domination. With gaming, television, social media, movies, and computers all on a head on crash course, this move would position Microsoft to allow more consumers access to the Xbox 360, and all of the services it brings to the table, for just an initial payment of $99 and one low monthly fee. Rumors suggest that this bundle could be launching sooner rather than later, with some reports suggesting that we may see the new bundle on shelves as early as next week. Sit tight, we’ll bring you more news on the story as details continue to emerge.