When you join a Steam Family, you automatically gain access to the shareable games that your family members own and they will also be able to access the shareable titles in your library. The next time you log in to Steam, this new 'family library' will appear in the left column as a subsection of your games list. You maintain ownership of your current titles and when you purchase a new game it will still show up in your collection.

Best of all, when you are playing a game from your family library, you will create your own saved games, earn your own Steam achievements, have access to workshop files and more.

Family Sharing enables you to play games from other family members' libraries, even if they are online playing another game. If your family library has multiple copies of a game, multiple members of the family can play that game at the same time. For a more detailed look at how Family Sharing works, see the FAQ below.

Also adds parental controls for children's accounts. Parental controls let you:

• Allow access to appropriate games
• Restrict access to the Steam Store, Community or Friends Chat
• Set playtime limits (hourly/daily)
• View playtime reports
• Approve or deny requests from child accounts for additional playtime or feature access (temporary or permanent)
• Recover a child's account if they lost their password

cross-posted from: https://lemmy.zip/post/11954402

Valve announced a replacement feature for both Family Sharing and Family View. Currently in beta.

Features:

• up to 5 members
• game sharing
• parental controls
  • allow access to appropriate games
  • restrict access to the Steam Store, Community or Friends Chat
  • set playtime limits (hourly/daily)
  • view playtime reports
  • approve or deny requests from child accounts for additional playtime or feature access (temporary or permanent)
  • recover a child's account if they lost their password
• child purchase requests