It's Alone In The Dark.
I bought the Limited Edition with artbook, soundtrack and other stuff for around 5 EUR 1 or 2 years ago. So it's also not a good price.
I guess it's "just" $5, because they expect people to stop playing after a few minutes. It's a terrible game. And at least in my case I would have been able to sell it afterwards. The artbook + soundtrack are nice though, so I kept them.
90 days, makes sense.
But 4 hours? Pay-Per-View 10 years ago gave me a limited time (1 day or so) to watch the movie. It's silly to make the "4 hour" option real-time. This means that you HAVE to play the game for 4 hours non stop, otherwise you will get way less out of it. That combined with the high price is just silly. People have to eat, go shopping, etc. Sony is effectively telling them "fuck you, you have to play the game for 4 hours now, don't do anything else". It seems they never thought about grown adults, who have stuff to do (children, family, job, etc.). It's artificially limiting the service. Say I want to play a game right now, but I only got 1 hour until I need to do something else. With a physical disc, that's not a problem. With PlayStation Now, I would have to pay for 4 hours.
It wouldn't have been a big problem to make that limited to a certain timeframe (let's say 1 day) and then count playtime instead.