The title is being dubbed an 'interactive TV show' and promises to change the way we play party games. The title will revolve around a series of observation-based mini games.
From what we can see in the trailer, it seems as though each mini game will be comprised of TV show-like clips with certain objectives for kids to complete, for instance pointing at the screen to find items or aim weapons.
No specific release date, but rather a "very soon" release window was given. You can watch the trailer for the kid's party game below.