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MS unveils family XBL subscription

Updated with European pricing.

Update: Microsoft has told Eurogamer that the Xbox Live Family Pack will cost £69.99 (€89.99).

Original story: Microsoft has unveiled an Xbox Live Family Pack that offers four Gold subscriptions for the price of two.

This will cost $99 in the US (presumably £80 in the UK) and is due out in November.

The platform holder is also launching the Family Center, a dashboard hub where you can tweak Family Settings and accounts.

Billing will be handled through the primary Family Pack account, and Microsoft Points can be purchased and dished out to the other three members accordingly.

There's also the promise of "exclusive family content and discounts", but no examples of how this might manifest.