Microsoft earlier this morning confirmed that the next generation Xbox will be revealed at a special event on May 21. Invitations were sent out to the media about the reveal, and confirm the event will be held at Microsoft's headquarters in Redmond, Washington. The reveal will also be broadcast live, and on Spike TV.
Paul Thurrot initially suggested that the May 21 event would be to reveal the new Xbox a month ago, but until now it was unconfirmed. The event is planned to occur three weeks before E3 2013 in Los Angeles, where Microsoft is expected to showcase some of the release titles for the next-generation console. The May 21 event is likely to consist of revealing the technical specs of the new console, as well as marketing the next Xbox as more than just a gaming device.