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Sony Group Corp. is preparing to introduce a new video game subscription service for the PlayStation as early as next week, said people familiar with the plans.

The service, which has been in development under the codename Spartacus, is Sony’s answer to Microsoft Corp.’s Xbox Game Pass, a sort of Netflix for video games that has amassed more than 25 million subscribers. Sony’s will debut with a splashy lineup of hit games from recent years, said the people, who requested anonymity because the plans are private.

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