Sony (SNE) is launching a monthly gaming service through PlayStation Now.

Source: Sony

Here are five things to know about it:

• The company announced on a blog post that subscribers will have “instant and unlimited access” to more than 100 PS3 games for a monthly fee.
• The PlayStation Now service will begin January 13 and Sony is offering a free, seven-day trial to kick it off.
• Beyond that, gamers can pay $19.99 per month or $44.99 for a three-month pacakge.
• Only North America PS4 users will have access to the service at first but Sony will eventually expand it across other PlayStation Now enabled devices.
• The company launched a video to promote the service:

SNE stock is down 1.5% Monday.

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