Announced at E3, Xbox Music is Microsoft’s (MSFT) own subscription-based music service that will rival the likes of Spotify. A new online leak for an update to the Xbox 360’s dashboard in the U.K. has prematurely revealed that Xbox Music will be priced at £8.99 for a monthly pass and £89.90 for an annual pass. It’s speculated that Microsoft will launch Xbox Music in the U.S. with the same prices as its current Zune Music Pass service: $10 per month or $100 for a yearly pass. Another leak from NeoGAF also suggests that a free, ad-supported version of Xbox Music will also launch alongside the subscription service that will allow cross-platform playlist syncing between Xbox 360, Windows 8 PCs and Windows Phone 8 smartphones. Xbox Music is slated for a launch this fall and will replace Zune Music Pass. Microsoft says the service will have a library of 30 million tracks.

[Via VentureBeat]

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Raymond Wong is a technology reporter with a passion for cutting-edge gadgets and clean design. He first realized his love for technology when he burned through so many AA batteries on the original Game Boy that scraping battery acid off it became the norm.