The rumor mill is in full swing now with the E3 expo hours away from start. The most recent buzz involves Microsoft releasing an IPTV service called Xbox Live Diamond later today. This new service would turn Microsoft into a cable alternative for anyone who owns an Xbox and an Internet connection. The service may also work with cable companies as a device to authenticate existing cable subscribers when watching TV shows or sporting events similar to a service Microsoft offers in the UK with it’s partner Sky. Over there users can use their Xbox avatars at sporting events to interact with other fans.
The service is expected to launch as an additional fee on top of the existing Xbox Live Gold’s $59.99 Subscription probably in the form of a monthly subscription.
Stay tuned throughout the day as there are bound to be many announcements.
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