Update: Xbox One S will be priced at £249 for the 500GB model, £299 for 1GB and £349 for the limited launch 2TB edition in the UK, Microsoft has confirmed.
Pre-order the limited edition 2TB Xbox One S now(?)
"Debuting a sleek new design and robot white color, the new Xbox One S is the smallest and most compact Xbox ever. The 40 percent smaller console has an internal power supply and supports 4K Ultra HD for Blu-ray movies and content streamed from partners like Netflix and Amazon Video. High Dynamic Range (HDR) support for video and gaming delivers richer, more luminous colours in games like Gears of War 4.
£249 for an UHD Blu-ray player is over £150 cheaper than the current lowest price standalone player.
Original report: Xbox One S will launch this August with prices starting at $299 for a 500GB model, Microsoft has announced.
"Introducing the new Xbox One S. Play the greatest games lineup, including Xbox 360 classics, on a 40% smaller console. Experience richer, more luminous colours in games and video with High Dynamic Range technology. Stream 4K video on Netflix and Amazon Video, and watch UHD Blu-ray movies in stunning 4K Ultra HD. Includes the newly streamlined Xbox Wireless Controller."
A limited quantity 2TB launch edition Xbox One S will be available in select markets starting early August for $399 USD, with a 1TB Xbox One S for $349 USD and 500GB Xbox One S for $299 arriving thereafter.
The Xbox One Vertical Stand will also be available for standalone purchase for $19.99. The new controller will also be available separately for $59.
No UK pricing has been announced, but £299 seems about right. At this price it would make the Xbox One S the cheapest UHD Blu-ray player by some margin.
More as we get it.