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Sony’s much rumoured PSN premium service has now been finalised as “PlayStation Plus.”

The subscription based service will offer “exclusive digital content,” including early demos and priority betas, along with free content such as full psn games, themes and minis. Discounts on PSN Store items will also be available, and users will have access to an automatic downloads service.

PlayStation Plus will launch “later this month” for a fee of $49.99 for a years subscription, or $17.99 for a 3 month subscription. The first 3 months will be available for free, however.

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