Xbox live To generate $726m by 2011 For Microsoft

Posted by Vyom Mahadevia On Tuesday, January 16, 2007 0 comments
The on-going console war has been pretty exciting with the major players trying there level best to attract consumers to buy their consoles. Till now Nintendo's Wii and Microsoft's Xbox are fighting it out for the top spot, Sony's PS3 has missed its targets and for the time being it is out of the competition for the top spot.But this move by Microsoft could turn the tables, apart from selling its consoles it has also projected revenue of $726 million by 2011 and thats by the services it offers for its Xbox customers, now thats called business. Microsoft could be in line to make US $92.25 million (EUR 71.32m) through the Xbox Live Video Marketplace in 2007.

This service from Microsoft offers its users downloadable movies and TV content for the Xbox 360. Microsoft has partnered with Paramount Pictures, Warner Bros. Home Entertainment and MTV networks to deliver movies and TV shows direct to the consumers. As of now this services will be available only in North America.

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