Microsoft has just sent out a press release announcing the details of their new Xbox LIVE Gold family subscription plan. This plan offers four Xbox LIVE Gold subscriptions to be purchased together for $99.99. Normally, that's what two regular Gold subscriptions would cost you.
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The Family Pack also has a few extra features. It allows access to activity monitoring programs and lets family members purchase and gift Microsoft Points to their kinfolk. All content control options have been consolidated into a single Family Center. Any charges made will be put on the primary account holder's bill. He or she will have the ability to authorize or deny any purchases.