Microsoft has collaborated with NBC Universal.
The two companies would now enable Xbox gamers to get access to Universal Movies.
These movies would be available for rent through the Xbox Live service.
Microsoft and NBC said that they are going to make available recent hits like The Bourne Supremacy and Shaun of the Dead along with older classics like Scarface.
In all, the service would initially offer around 300 movie titles to the Xbox 360 owners.
Microsoft is already in a deal with Netflix for a similar service.