In order to be eligible you need to have an online connection, a PS4 and PS Plus in order to be in the closed beta. The beta will be free of charge, meaning you can rent all the games during the beta for free and play them as much as you want.
Playstation Now has been out in North-America since last year. Sony has adjusted the prices after initial complaints about the pricing model. There is a subscription plan out for it now for those who want unlimited access to the games on the service for $20 a month. The rest of Europe is sure to follow not too long from now, Sony will release more details when that happens.
Let us know what you think of this news in the comment section below.