Speaking at an event in New York, and in front of millions across the internet, Andrew House, the group chief executive of Sony Computer Entertainment, said:
"Today marks a moment of truth and a bold step forward for PlayStation as a company.
"Today we'll show how we are strengthening the PlayStation ecosystem.
"Today we will give you a glimpse into the future of play."
More top news
A roller coaster has reportedly come off the rails at a theme park in Scotland.
"I saw a lot of smoke come out from the tail-end of the aircraft. I wondered if it was normal, whether it was just exhaust fumes."
The House of Commons Petitions Committee has said they will keep an eye on the petition and are concerned about fraudulent signatures.