During Microsoft’s briefing this morning they announced a few different living room initiatives to put the Xbox at the center of everyone’s media experience. Chief among them? YouTube!

From Microsoft

“Available fall 2011, YouTube on Xbox LIVE will deliver access to great Web original content from around the world, including the latest videos, gaming tips and more.”

Just like that, the battle for living room dominance is over. With Hulu, Netflix, Zune, and now YouTube, why would you want to buy anything else?

Source Press Release (Docx file)