Our laziness, it knows no bounds: We just can't stand changing out game discs from our systems (hooray digital distribution!), not to mention the agonizing chore of pushing the source button on our TV remote to flip back to broadcast programming. And that's why we're especially happy to hear a rumor from Bloomberg today that ex-News Corp president Peter Chernin is engaged in talks with Microsoft to possibly launch an Xbox Live television channel.

Allegedly, during an April 12 meeting at Microsoft's Redmond, Wash. offices, Chernin proposed a channel native to the Xbox 360 that would feature "reruns and original shows" for an additional $1 to $2 per month on top of the standard Xbox Live Gold subscription fee. Chernin's publicist, Allan Mayer, says of the deal, "Peter is talking to lots of people about lots of ideas in the digital space," while a representative for Microsoft refused to comment.

The report also claims that Chernin pitched the idea to Conan O'Brien's reps, presumably, to land Conan in one of the channel's time slots. Seeing as that supposed deal with Conan fell through, may we humbly propose X3F TV?

[Via Edge Online]

This article was originally published on Joystiq.