Microsoft have officially announced their new $99 Xbox 360 bundle, reported last week by technology news site, The Verge.
Available exclusively through Microsoft’s own retail stores, the bundle includes a 4GB Xbox 360 and a Kinect device. While the hardware itself will only cost $99, buyers of the bundle will also be required to sign up for a mandatory $15 per-month Xbox Live subscription for two years, bringing the long-term cost of the bundle to a total of $460. See how that compares to a regular purchase here.
Buyers be able to cancel this two-year subscription early, but only after they pay an early cancellation fee. See details of the cancellation fee below:
Year One of Subscription (Months Post Purchase)
| Months Post Purchase | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 |
| Early Cancellation Fee | $250 | $250 | $250 | $240 | $228 | $216 | $204 | $192 | $180 | $168 | $156 | $144 |
Year Two of Subscription (Months Post Purchase)
| Months Post Purchase | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 |
| Early Cancellation Fee | $132 | $120 | $108 | $96 | $84 | $72 | $60 | $48 | $36 | $24 | $12 | $0 |
Microsoft have not yet announced whether this special subscription to Xbox Live will offer additional streaming content from cable providers or sports package providers, as was rumoured.
