Confirming previous reports, it’ll combine Xbox Live Gold membership with Xbox Game Pass in one subscription package.
Xbox Game Pass Ultimate will cost $14.99/£10.99 per month when it launches later in 2019, representing a monthly saving of about $5/£3 compared to subscribing to the two services separately.
Normally priced at $9.99/£5.99 per month, Xbox Live Gold is required to play Xbox games online. It also offers members up to four free games every month, and discounts of up to 75% on Xbox One products in Microsoft Store. In the UK, Xbox Live prices will rise by up to 25% from May 8.
Launched in mid-2017, Xbox Games Pass offers unlimited access to almost 200 Xbox One and Xbox 360 games, including new first-party titles when they launch, for $9.99/£7.99 per month. Minecraft was added to the service in early April.
Xbox Game Pass Ultimate was announced alongside the Xbox One S All-Digital Edition console.
The disc-free system, which comes with a 1TB hard drive, a wireless controller and three games (Minecraft, Sea of Thieves and Forza Horizon 3), is available to pre-order from selected retailers for $249.99/£199.99 ahead of its launch on Tuesday May 7.