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Report: Peter Chernin, Microsoft in Talks on Xbox TV Channel
/ April 21, 2010 3:13 pm

Redmond, Wash. – Former News Corp. (NYSE: NWS) president Peter Chernin and Microsoft (NASD: MSFT) have held talks on creating a dedicated TV channel for the Xbox 360 video game console, Bloomberg reported, citing two people with knowledge of the proposal.

The channel would reportedly be jointly owned by Chernin and Microsoft, and offer both original programming and reruns to Xbox Live subscribers for a monthly fee of $1 or $2.

Currently, Microsoft offers a range of downloadable and streaming content to the Xbox 360, including content from Netflix.


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