Former News Corp. President Peter Chernin and Microsoft Officials have been outed by people who claim that meetings have taken place over the proposal of an Xbox LIVE television channel. The people responsible for the leaks have sought anonymity because the talks were held in private on April 12th at the Microsoft HQ in Redmond, Washington.
According to the leaks, it has been suggested that the new Xbox LIVE TV Channel would be exclusive to Xbox LIVE Gold Subscribers and that raising the monthly fee by $1 or $2 would be implemented to cover costs. The purpose of the extra price hike means that Microsoft could also seek development of original shows to target the young male audience which dominates the online service.
The channel, if it goes ahead would be jointly owned by both Peter Chernin and Microsoft, but both parties spokesmen have declined to comment on this news.
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Xboxic will keep you updated on any future developments.