Microsoft's (MSFT) - Get Microsoft Corporation (MSFT) Report Xbox will unveil a new subscription called "Xbox Game Pass," coming later this spring, the company announced on Tuesday.

For $9.99 per month, Xbox Game Pass will allow users unlimited access to over 100 Xbox One, and backward compatible Xbox 360 games.

Xbox Games Pass gives users the ability to download games to their Xbox consoles directly.

Every month new games will cycle in and out of the subscription, allowing subscribers to update their library of games consistently.

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