Microsoft announced today that they would be releasing a wireless microphone for the Xbox 360. Shipping this fall, it will retail for $49.99 and will be compatible with several games. See the brief press release below.

Get ready aspiring music stars, the biggest music event is taking place in the best hot spot ever – your living room! Now you can take the stage solo, or join your friends like true rock stars or power duets, free from the clutter of wires. Grab your friends and get ready to croon along to the best songs on your favorite Xbox 360 music games with the new Xbox 360 Wireless Microphone. Belt out your vocals while playing games like “Lips,” “Guitar Hero Metallica,” “Rock Band 2”* and “Disney Sing It: High School Musical 3: Senior Year” as well as new blockbusters available this holiday, including “Lips: Number One Hits” and “The Beatles: Rock Band.”

Whether you want to jam to today’s biggest hits or revive Beatlemania, the Xbox 360 Wireless Microphone will bring out your best performance with high-quality voice reproduction technology and stylish interactive motion sensors and lights. Available this fall, the Xbox 360 Wireless Microphone will have an estimated retail price of $49.99 (U.S.).

*Compatible with title update through Xbox LIVE.