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Soundwave said:
Sony doesn't want to put their top content/top games on PSNow, it's a side service that they treat as a small potatoes part of their business.

MS is going all in with Gamer Pass and xCloud, that's the major difference.

Up until recently wasn't PSNow like just old PS3 titles? Sony doesn't want that to be the future of gaming because they do well as is, Microsoft has no such incentive to keep the status quo intact.

PS now is basically the beta for next gen. You will see it's true form next year.