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Sony's next version of the PlayStation — widely expected to be named the PlayStation 5 — is already in development. Sony's new president calls the console "necessary," pushing back on the idea of a Netflix-like game streaming future.
The next generation of Xbox console will come out in 2020, according to the journalist Brad Sams. Reportedly codenamed 'Scarlett,' it is described as a 'family of devices' rather than just a single piece of hardware.