- A Square Enix employee's resume had mentioned a new AAA title for 'PS5': https://i.redd.it/8ph1ejt7bjy11.jpg
- Jason Schreier (gaming journalist, apparently credible) says he's had discussions with various developers and now expects the PlayStation 5 to be released in 2020.
- Sony announces today that they are skipping E3 for the first time in like forever, and previously said they are skipping this year's PSX because there were a lack of games to show.
- Microsoft already confirmed that they are working on new systems including code-name "Scarlet" which seems to be a next-generation system.
- Currently this generation has lasted 5 years which is a standard life-cycle, but if the new systems really are releasing in 2020 then it would be 7 which is closer to the last generation life-cycle. So pretty standard either way.
Obviously the next generation is coming. Days Gone, Dreams, Ghost of Tsushima, and The Last Of Us II will be the last major first-party PS4 releases from Sony. I've seen some people speculate that TLOU2 will actually end up being a PS5 game and while that wouldn't surprise me, I think it will still end up being a PS4 game. Releasing on PS4 would mean that more people would be able to buy the game within the first month of release (which is a big deal for sales generally) because, well, the PS4 already has such a large player base. They could always to a remaster for PS5 (like they did for TLOU1 for PS3 > PS4) or if backwards compatibility is a thing, it wouldn't really matter. Yes, they could release the game along with a new system to entice people into buying a new console, but I do think they would make more profit by selling to game on PS4 (or at least have a PS4 version alongside a PS5 version), which is probably important considering the amount of time and money going into that game.
Now of course, those games are just the first party releases. I think next year is going to be amazing for third parties. We have Resident Evil 2, Sekiro: Shadows Die Twice, Devil May Cry V, Kingdom Hearts III, etc. Not to mention a lot of big titles have just come out and we still have games coming in December. I've seen some people say that since Sony isn't doing an E3 conference in 2019 it means that year will be slow, and I think that will be the case for first parties, but quite the opposite for third parties. This generation has definitely felt slower, but part of that is because I didn't get as many games it seems, lol. There are still games like Dying Light and Mirror's Edge: Catalyst which I've wanted to play but never got around to buying, and I'm sure there are more games I'm not thinking about right now. I would say that this is because I've gotten older, so I'm more mature and my "tastes" are more defined -- which is true to some extent -- but I think it's mainly just because I'm poor, lol.