Update: Hands up, we got this one a bit wrong this morning.
As explained by Nintendo of Europe president Satoru Shibata this afternoon, Nintendo Network Premium is basically a reward scheme. Members who buy Wii U games will receive ten per cent of the price back in the form of Nintendo points, which can subsequently be put towards future online purchases.
Original story: Nintendo has announced that buyers of the Wii U Premium hardware bundle will receive ten per cent off digital game purchases.
Details are a bit sketchy at the moment, but from the sounds of it the discount will run for two years, from the Wii U release date of December 8, 2013 until December 2014.
Nintendo also said that users will earn points by purchasing digital software, with 500 points exchangeable for unspecified items.
Earlier today the platform holder announced the first Wii U game prices, with New Super Mario Bros. U and NintendoLand set to be launch titles. It also confirmed prices for peripherals like the Wii U GamePad and Wii U Controller Pro.