Microsoft has unveiled its new XBox One console which the company is positioning as a device to be the new entertainment hub for the living room.
With the new XBox One announcement comes the announcement that Microsoft and Steven Spielberg are teaming up to make Halo The Television Series based on the highly successful Halo videogame franchise.
The XBox One is the latest in line since the XBox was introduced in 2001, followed by the XBox 360 in 2005 with 57,8 million sold since.
"For the first time you and your TV are going to have a relationship," says Microsoft.
The new XBox One has a larger 500GB hard drive, faster processing speed, comes with a live TV tuner, DVD and Blu-Ray player, can do Skype video conference calls and stream videogames through the internet from a cloud.
The XBox One, unveiled after months of speculation, is intended by Microsoft to be an "all in one system" for television, videogames and entertainment in a user's living space.