Microsoft introduces new pricing for Xbox Live

Reuters | at | by Mike

Microsoft on Thursday introduced a more flexible pricing plan for its Xbox Live online video game service, including a planned free trial period, and raised the price on the basic starter kit. Microsoft, which is expected to roll out a number of new audio and video services related to Xbox Live at next week's Electronic Entertainment Expo, or E3, said subscribers will have the option of a $5.99 monthly fee in North America as of this fall.

A one-year renewal or new subscription will be $49.99, while the Starter Kit, which includes a headset for voice communications and some bundled game products, will sell for $69.99, a hike from the current $49.99 price.