Movies and TV On Your XBOX 360 Starting 11/22

I saw this on XBOX last night and wondered what it meant. Now I know...

"Microsoft said tonight that it would offer movies and episodes of television shows for download through its Xbox Live online service in the United States, beginning Nov. 22.

Microsoft has negotiated the rights to rent or sell more than 1,000 hours of material from CBS, MTV Networks, Paramount, Warner Bros. and Turner Broadcasting, along with the martial arts show “Ultimate Fighting Championship.” Some programs will be available in high-definition video.

Check out the full story here. What do you think of that?