It only seemed like a matter of time before Microsoft took advantage of their system to offer more than just game and movie trailers over the Xbox Marketplace, and soon you'll be able to enjoy certain television shows and movies from the joy of your home over your own Xbox 360. I guess the only question that remains is will it become a popular method with 360 owners?

From the article:

Microsoft is getting into the movie business. The company will announce plans Tuesday for Xbox 360 owners to buy or rent films and television shows via its online Xbox Live Marketplace.

The program, which will launch Nov. 22, expects to have over 1,000 hours of available content before the end of the year. Microsoft (Charts), which will unveil the program at BMO Capital Markets' Interactive Entertainment Conference, is not expected to announce pricing details until later this month.

The Xbox Live Marketplace has been an integral part of the success of the Xbox 360. Users are currently able to download video free game trailers and demos and purchase add-ons for games (such as new levels or in-game accessories). Last December, Microsoft began experimenting with Hollywood, premiering the trailer for "Mission Impossible III" in the Marketplace.

Users will be able to rent major Hollywood releases, such as "V for Vendetta" and "Nacho Libre," and purchase television programming such as "CSI" and "South Park". Some, but not all, will be in a high definition format

Users who download a film will have up to two weeks in which to watch it. Once they start, though, the clock begins ticking. Microsoft said after a user has hit play, the film will only be viewable for 24 hours, before locking and becoming inaccessible.

Read the full article over at CNN