Microsoft to offer TV subscription on the Xbox 360

According to Reuters, Microsoft is looking to get into the TV business and offer a subscription on several TV channels on its Xbox 360.
Reuters says that Microsoft has had meetings with several TV and broadcast companies looking to do a licensing deal. Microsoft has yet to confirm anything, and according to sources, it could take over a year before the deals are finalized and Xbox Live users can get TV. They’ll have to pay extra for it, of course, in addition to the Xbox Live Gold fee.