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The Xbox 360 features an online service, 💴 Xbox Live, which was expanded from its previous iteration on the original Xbox and received regular updates during the console's 💴 lifetime. Available in free and subscription-based varieties, Xbox Live allows users to: play games online; download games (through Xbox Live 💴 Arcade) and game demos; purchase and stream music, television programs, and films through the Xbox Music and Xbox Video portals; 💴 and access third-party content services through media streaming applications. In addition to online multimedia features, it allows users to stream 💴 media from local PCs. Several peripherals have been released, including wireless controllers, expanded hard drive storage, and the Kinect motion 💴 sensing camera. The release of these additional services and peripherals helped the Xbox brand grow from gaming-only to encompassing all 💴 multimedia, turning it into a hub for living-room computing entertainment.[21][22][23][24]

Launched worldwide across 2005–2006, the Xbox 360 was initially in short 💴 supply in many regions, including North America and Europe. The earliest versions of the console suffered from a high failure 💴 rate, indicated by the so-called "Red Ring of Death", necessitating an extension of the device's warranty period. Microsoft released two 💴 redesigned models of the console: the Xbox 360 S in 2010,[25] and the Xbox 360 E in 2013.[26] Xbox 360 💴 is the ninth-highest-selling home video game console in history, and the highest-selling console made by an American company. Although not 💴 the best-selling console of its generation, the Xbox 360 was deemed by TechRadar to be the most influential through its 💴 emphasis on digital media distribution and multiplayer gaming on Xbox Live.[24][27]

The Xbox 360's successor, the Xbox One, was released on 💴 November 22, 2013.[28] On April 20, 2024, Microsoft announced that it would end the production of new Xbox 360 hardware, 💴 although the company will continue to support the platform.[7] On August 17, 2024, Microsoft announced that on July 29, 2024, 💴 the Xbox 360 game marketplace will stop offering new purchases and Microsoft Movies & TV app will no longer function 💴 (the console will still be able to download previously purchased content, run it, and enter multiplayer sessions).[29][30]

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