Rumor: Diablo III and Xbox 360 Price Cuts on the Way

Even though the news hasn’t been confirmed by both parties, two separate rumors have hit the internet. The first one involves a sequel to long-time fan favorite series, Diablo. The third game in the franchise, which has been all but confirmed. According to DiabloII.net, they have acquired information about the game’s announcement from "insider sources." Blizzard also purchased the domain diablo3.com, and "Diablo III General Discussion" forum has appeared on the Battle.net.

Blizzard design VP Rob Pardo revealed that the company does intend to announce a new title at the event at this weekend’s Blizzard Worldwide Invitiational in Paris, but declined to offer further details… Moreover, Diablo fan website DiabloII.net reports that Blizzard’s game announcement will be Diablo III, the long-awaited next title in Blizzard’s hack-and-slash RPG series.

Finally, in a bit of unrelated news, a K-Mart circular has hit the internet advertising a $299.99 Xbox 360 Premium. There was speculation about Microsoft dropping the price of the 360 during E3, but it’s possible the company might make the move a week earlier to compete with the PS3.

Sources: Shacknews, Slickdeals