Microsoft is in talks to bring subscription based TV to your XBox 360. It isn’t supposed to launch for at least another year or so, but if this happened, it would bring down a lot of cable services. If the price is right, it may make a dent in dish services with local channels. I would love to have it so I could watch my favorite show, Fringe, without waiting for it on Hulu (Dish doesn’t have Fox in my area).

One scenario under consideration by Microsoft is to create a new TV service on its Xbox gaming console that would establish a “virtual cable operator.” The service would charge a monthly fee for access through the Xbox to networks such as ABC, NBC, Fox, CBS, ESPN or CNN, according to two sources familiar with the plans.