Sony offers up more details on their plan for the PlayStation 5

Sony has been quietly talking up the PlayStation 5 a lot this Spring, and now they’ve offered up even more details about the next-generation platform during their most recent Investor Relations Day.

The PS5 is known internally as the “PlayStation Next Gen,” and it’s expected to deliver lightning-fast loading times on PS4 titles. Using Spider-Man as an example, Sony showed that players on the PlayStation Next Gen could be ready to play in just 0.83 seconds, versus 8.1 seconds on a PS4 Pro. This comparison is important as the PlayStation Next Gen will include full backwards compatibility with the PS4.

Sony isn’t ready to discuss when the PlayStation Next Gen will be released, or how much it’ll cost, or what its launch lineup will look like, but the consolemaker did confirm that the platform will include an “All New CPU and GPU,” as well as support for Ray Tracing and visuals up to 8K Resolution, a Blu-ray Drive, a Solid State Drive, and 3D Audio.

However, this next-generation console doesn’t mean that the PS4 is going away anytime soon. According to Sony, the PS4 will “remain the engine of engagement and profitability for the next three years.” They also reconfirmed that Naughty Dog’s The Last of Us Part II, Hideo Kojima’s Death Stranding, and Sucker Punch’s Ghost of Tsushima will all be released for the PS4. That said, the report doesn’t rule out a cross-generational PS5 re-release for all of these games (though neither does it confirm one).

While Sony has no plans to give up the Blu-ray disc format or full-game downloads, the consolemaker is hoping for an increased focus on PlayStation Now streaming with their next-generation console. Currently, PlayStation Now is sitting at 700,000 subscribers, but Sony projects that the service’s subscriber base will increase to more than five million after the launch of the PlayStation Next Gen.

You can view Sony’s entire presentation about the future of the PlayStation platform within the consolemaker’s Investor Relations Day report.

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John Scalzo is Warp Zoned's Editor-In-Chief and resident retro gaming expert. You can email him at john AT warpzoned DOT com.