PlayStation 3 News

SCE UK boss Fergal Gara acknowledges retail market has declined in recent times, and says company will boost brick-and-mortar business with next console.

FCC documents indicate Sony preparing new console rumored to be smaller than current slim model; may be announced at Gamescom next month.

Jesse Divnich and Michael Pachter weigh in on purchase of cloud-streaming service, say the acquisition gives electronics giant new ways to sell TVs, music, movies, and more.

Resume of former research and development director indicates Sony has been at work on next-generation system for almost two years.

Father of the PlayStation stepping down from SCE roles, but will remain president and CEO of Sony Corp.

PlayStation CEO Andrew House says company will keep new hardware under wraps until it can demonstrate a major advance over PlayStation 3.

Sources say Sony to ship new console next year; company flirted with idea of download-only system, but decided against it over bandwidth concerns.

Technology giant introduces "One Sony" plan aiming to help company return to profitabilty with focus on game business unit; 10,000 layoffs confirmed.

Streaming TV show and movie service goes live on PlayStation Network today with library of 120,000 shows for rental or purchase, free videos for Amazon Prime members.

Source claims the next PlayStation will ship ahead of Microsoft's future-generation console; PlayStation Vita to work as PS4 controller.

Wedbush's Michael Pachter dismisses "Orbis" rumors suggesting next PlayStation system will hobble secondhand games.

Sony's 2013-dated new console supposedly code-named Orbis, will boast system that locks games to single PSN account; no backward compatibility for PS3 library planned.

Sony Computer Entertainment America president Jack Tretton says company would be "distracted" by news of new console this year.

Beginning February 7, the PlayStation Network will be officially folded into Sony Entertainment Network; new terms of use prohibit canceling preorders.

PlayStation 3 hardware moves 6.5 million units for the quarter, but Consumer Products & Services division loses ¥85.7 billion overall.

Sony Computer Entertainment veteran Kaz Hirai to succeed Howard Stringer on April 1.

Next PlayStation unveiling not expected until after Microsoft has tipped its hand with the next Xbox, according to French magazine's interview with SCEE executive.

Sony's John Koller says company is not concerned with handheld's performance, staggered postlaunch support key.

Wall Street Journal reports publisher does not expect to make a new home console announcement at this year's E3.

Check out the top-level takeaways from PS3 maker's appearance at Las Vegas electronics show; from Netflix and Music Unlimited on PS Vita to Play Memories Studio for PS3.