US: First month Xbox Live subs drop to $1

Microsoft has lowered the price of an Xbox Live Gold subscription to $1 for the first month.

Once the first month has expired, gamers will be automatically charged for the next 11 months at the regular price, Joystiq reports. They will be able to opt out of this if they wish.

This limited time offer allows Silver members in the US to upgrade to a full Gold account, granting them access to everything Xbox Live has to offer.