Microsoft is launching a Netflix for video games this year

Microsoft dropped a major announcement Tuesday, revealing the details of its new Xbox Game Pass program. The new subscription service will work much like Netflix, letting you download and play any game in a rotating collection of Xbox One and Xbox 360 titles. The $9.99/mo service will only be available to Xbox One and Xbox One S owners when it launches later this year, but Microsoft's announcement is clear that it will likely kick into high gear when the company launches its newest console--code-named Project Scorpio--this fall. Here's how it works: the Game Pass roster will include "over 100" Xbox One and backwards-compatible Xbox 360 titles, with some turnover every month. Games in the collection will be available to download and play on your Xbox One or One S, letting users store them on their local machines and presumably play them offline.