PlayStation's next big leap targeted for 2021 as PS4 begins slow wind down

It's not a full-blown PlayStation 5 announcement, but it's a whole lot more substantive than your typical vague C-suite comments.

May 22 marks Sony's IR Day, a time when the company's top executives step forward to speak with investors about the past, present, and future of the business. The annual meeting's gaming segment came with a big revelation: 2021 is going to be an important year for the PlayStation brand.

SEE ALSO: 'God of War' breaks sales records for the PlayStation 4

Speaking to investors, Sony Interactive Entertainment CEO and president John Kodera suggested – via a translation by Wall Street Journal reporter Takashi Mochizuki – that the PlayStation brand's next big leap won't happen until March 2021. Read more...

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