Rumors abound that another tier of Xbox Live will add subscription TV service.



Winrumors is reporting that an anonymous source has brought them news of some big changes on the way to Xbox Live. Specifically, Microsoft's E3 press conference is said to have an announcement regarding the new Xbox Live Diamond service, which will add IPTV services to Xbox Live users.



According to the report, as of yesterday the deal was still being negotiated, so some of the key features might not be ready to announce by Monday's briefing.



Xbox Live Diamond was also a previous program Microsoft introduced to its users in 2005. The card primarily offered retail discounts at various retailers, and the program is no longer active.



Rumors have abounded for months regarding Xbox Live's IPTV service.



If the rumor is accurate, we'll see Xbox Live Diamond launching this November.