Yesterday Sony finally revealed the launch date and the price for their upcoming PlayStation 5 console. According to the announcement, it will be available on November 12th in the US and will have 2 different options – the one with an optical disk drive will cost 499$ while the digital edition will be priced at 399$.

However, these were not the only news announced during the showcase. If you’re interested, be sure to watch the full reveal in a video below:

If you don’t have an hour to spare, we have a short rundown of the most important things announced.

New games

Let’s start with the most important thing. Sony wasn’t messing around and revealed a bunch of cool games coming to the PlayStation 5 in the future. We got a teaser for the new Final Fantasy XVI, a gameplay trailer for Marvel’s Spider-Man: Miles Morales game, Hogwarts Legacy announcement, and a super short teaser for the new God of War: Ragnarok game. You can find all the trailers below. And that’s just highlights… There were plenty more games shown during the presentation but in order to save some time, we’re only presenting the big ones.

The PlayStation Plus Collection

Another big talking point is Sony’s answer to Xbox Game Pass. We have to be honest – PlayStation Plus Collection seems like a fairly good answer. Apparently, with PlayStation 5 Sony will launch a new PlayStation Plus feature called PlayStation Plus Collection. It will allow all PS Plus subscribers who own a PlayStation 5 console to access a big collection of PlayStation 4 games (including some big exclusives) at no additional cost. Here’s a list:

  • God of War
  • The Last of Us: Remastered
  • Uncharted 4: A Thief’s End
  • Battlefield 1
  • Monster Hunter World
  • Fallout 4
  • Final Fantasy XV
  • The Last Guardian
  • Ratchet and Clank
  • Infamous: Second Son
  • Days Gone
  • Bloodborne
  • Detroit: Become Human
  • Batman Arkham Knight
  • Mortal Kombat X
  • Persona 5
  • Until Dawn
  • Resident Evil: Biohazard

From what we gather, Sony will expand this collection of games further down the line, meaning that with time the value of this will only get bigger. It will also help out with transition and will keep PlayStation players busy while we wait for those big PlayStation 5 exclusives. Nice move!

Backward compatibility

PlayStation Plus Collection also revealed that PlayStation 5 will have a backward compatibility feature (like there was ever any doubt). While we didn’t get any information regarding that during the showcase, Sony later confirmed that “99 percent of PlayStation 4 games will be playable on PlayStation 5”. This, of course, is good news for everyone who missed the biggest games of the previous console generation.

So yeah… We now know everything about Xbox Series X/S and PlayStation 5. Your move, Nintendo!