Still holding out for a subscription based TV service from Microsoft? It might be time to hang those hopes up to dry, according to Reuters, the big M has scrapped its plans for a television service in reaction to high licensing costs. The service was said to feature voice and motion control for navigation, and would have offered new content and live programming to users for a monthly fee. According to media executives familiar with the matter, Microsoft is now backing away from this model, and is refocusing their efforts on delivering content over the web and on Xbox Live. Hit the source link below for more details.

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Microsoft builds TV subscription service, cancels release due to high licensing costs