Microsoft announced today that the Xbox One will now have backward compatibility, allowing you to play Xbox 360 games on your Xbox One. One hundred titles will be made available initially, with more to follow. Users who are part of Xbox One Preview will have access to the games starting today. The old 360 games can be played digitally, but using a physical disc will work as well.
Perhaps the biggest part of the announcement is that players will not have to pay for any games they already own. This is counter to how most companies are using older games by remastering them and re-releasing them for an additional cost. Both Sony and Microsoft have been using this tactic with many of their biggest franchises. Microsoft seems to be setting the stage for that strategy to die. It will be interesting to see if Sony will follow suit.