The best way to think about Share Play is like a "virtual couch". PlayStation 4 will create an online local co-op experience by allowing you to invite a friend to join your game—even when they don't own a copy of it. With this first-of-its-kind feature, you'll be able to play games with a friend just as if you were together in the same room.

http://kotaku.com/new-ps4-update-will-let-your-friends-play-your-games-wi-1620239976
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