Microsoft Corp. today announced that the next generation of online multiplayer gaming service Xbox Live� will be available in North America on the Xbox 360� video game and entertainment system starting this holiday. In addition to the free Xbox Live Silver membership available to every Xbox 360 owner, for only $49.99 (U.S.) or $59.99 (CDN)* gamers can amplify their gaming experience with a 12-month Xbox Live Gold membership. Gamers looking for a truly engaging and immersive online multiplayer experience can pick up one of the Xbox Live Premium Gold Packs, which include the new Xbox 360 Headset, Xbox Live Arcade games, Microsoft� Points for use in Xbox Live Marketplace, and mail-in rebates for up to $20 (U.S.) off any Xbox 360 game.

Microsoft also today announced that credit cards will no longer be required to create an account on Xbox Live for Xbox 360, removing one of the biggest barriers to entry. Gamers can purchase 12-month Xbox Live subscription cards via cash or other payment methods at any participating retail store. Subscriptions will also be available for purchase by credit card in one-month, three-month and 12-month increments through the Xbox Live Dashboard.

The next generation of Xbox Live will be offered to gamers through two levels of service. Xbox Live Silver is a free level of the service offered to all who own an Xbox 360 system, a high-speed Internet connection, and a memory unit or a hard drive. The Xbox Live Gold membership delivers the full Xbox Live premium online experience annually for $49.99 (U.S.)/$59.99 (CDN),* which averages to a little more than $4 a month (U.S.).