Big news from GDC regarding the widely speculative OnLive remote gaming service.  While speaking at GDC, Steve Perlmen stated that the system will go live on June 17th, during E3 2010, and cost gamers $14.95 a month for 720p gaming.

Speaking at the GamesBeat@GDC conference today, OnLive chief executive Steve Perlman said gamers will be able to subscribe to the PC or Mac games-on-demand service for $14.95 a month, and get access to a wide variety of current titles from major publishers. It is partnering in this launch with publishers including Electronic Arts, Ubisoft, 2K Games, THQ and Warner Bros. Interactive Entertainment. The games will also include new releases like Mass Effect 2, Borderlands, Assassin’s Creed II, as well as a bunch of other titles. Perlman anticipates anywhere from a dozen to 25 titles to be available at launch time, and more after that, depending on how negotiations with other publishers proceed.

An impressive list of collaborators there, bringing some real A-list games to the table.  Limiting it to 720p alleviates some of the bandwidth issues, but leaves incentive for players to go buy the actual games and consoles where they can play at 1080p.  I had hoped the price would be closer to $10/month to compete with services like GameFly, but hopefully the price will fall as time passes.

Press Release via OnLive sets launch date for June, names subscription price and supporting game publishers | VentureBeat.