Some observant Ubisoft fans noticed “Ubisoft Pass Premium” was out of stock, listed under a category that wasn’t there before “Ubisoft Subscriptions”.
If you were to check the Ubisoft store now you won’t be able to find the listing, nor category mentioned. It is still unclear what exactly it is, but it obviously isn’t ready just yet.
The most probable answer is that it will be a subscription like EA/Orgin Access. You pay a monthly subscription fee and you have access to a large vault of games, play new games early, get discounts or free DLC.
Considering that The Division 2 brought in new people to their store, this might be a great deal for people that don’t already own most of their games. Ubisoft has some great series to their name Rainbow Six, Ghost Recon, Splinter Cell, The Division, Far Cry, Assassin’s Creed and so many more, so if you aren't playing them already, this might be just the thing for you.
Ubisoft is sure to talk more about it, including the price, at E3.