Microsoft to offer video content for XBox

Details
Category: Technology

Microsoft announced that it would be offering video content for its XBox Live users on November 22. Microsoft acquired rights to rent and distribute contents from various media corporations. Users will be able to download movies and TV shows with some in high-definition quality. Users can keep the TV shows indefinitely, but movies will expire based on a rental period. Analysts believe the move in significant, because it would bring more possible revenue for Microsoft while competing in multiple fronts in gaming and entertainment sectors of the market.

News Source
CNet
The New York Times

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