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Rumor alert: A $99 Xbox 360 with $15-a-month subscription

Kinect-equipped hardware to be sold through Microsoft at a discount with two-year commitment to Xbox Live, according to unnamed sources.

Gamers holding out for a price cut on the Xbox 360 might have a new deal to consider soon, as The Verge is reporting that Microsoft will soon offer its 4GB Xbox 360 hardware with Kinect for $99, provided purchasers sign up for a two-year Xbox Live subscription that will cost $15 a month.

Attributing the info to unspecified sources, the site reports that the package will be offered through Microsoft Stores in the US, and is being positioned as a competing product to streaming media offerings like Apple TV and Roku, as well as the PlayStation 3. The deal will come with a two-year warranty, as well as an early termination fee for those who want out before the end of the deal. The report also suggests those who sign up will be given access to some of the paid media and sports streaming services on Xbox Live.

Read more of "Microsoft planning $99 Xbox 360 with subscription - Report" at Gamespot.