Rumors have been spreading that this console generation is ending and the next one is beginning soon. Well, Sony just dropped a huge amount of news about their new console. Which many are calling the PlayStation 5 fittingly. With Mark Cerny providing very limited information of what we can expect to Wired. First off, the big news is that the next PlayStation console, which has not been revealed as PlayStation 5 yet, will feature backward compatibility with PS4 games and PS VR models. This has been a heavily requested feature for the PS4 but it seems it’s not happening. As you’ve noticed, this is all hardware talk. Cerny isn’t ready to chat about services or other features, let alone games and price, and neither is anyone at Sony. Nor will you hear much about the console at E3 in June—for the first time, Sony won’t be holding a keynote at the annual games show. But a few more things come out during the course of our conversation. For example, the next-gen console will still accept physical media; it won’t be a download-only machine. Because it’s based in part on the PS4’s architecture, it will also be backward-compatible with games for that console. As in many other generational transitions, this will be a gentle one, with numerous new games being released for both PS4 and the next-gen console. (Where exactly Hideo Kojima’s forthcoming title Death Stranding fits in that process is still unconfirmed. When asked, a spokesperson in the room repeated that the game would be released for PS4, but Cerny’s smile and pregnant pause invites speculation that it will in fact be a two-platform release.) Considering that the PS4 is the best selling console this generation, with 18 million consoles sold, there’s a lot of people who want to play their PS4 games on the next system. In addition, the PS VR has been insanely popular. Mostly due to the VR headsets being inexpensive compared to the HTC Vive and Oculus Rift. It’s clear that this era of consoles is coming to a close. With some speculating that the next consoles for Microsoft and Sony coming in 2020.