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‘PlayStation 5’ Release Date, Latest News & Update: Next-Gen Console Speculated to Come Out in 2020 Amidst Jim Ryan’s Promotion

Photo via Screenshot of VR4Player.fr/Youtube

The PlayStation 5 is speculated to come out earlier than expected as management within Sony has recently seen a major shakeup. The Telegraph reports that a new President and CEO has been appointed by the company, naming Jim Ryan as the next big wig.

Ryan is currently acting as the position’s deputy but is expected to fill the role on April 1. Sony’s desire to push out the PlayStation 5 early may be due to the decreasing sales of the PS4. As the console is already more than five years old, it’s becoming more and more obsolete as time goes by.

There’s also the fact that triple-A games today are becoming graphics heavy, a factor that is slowly crippling the PS4 when it comes to video quality. With Sony handing the reins to Ryan, it seems that the company wants to speed the development of the PlayStation 5. What’s more, the company could be using Ryan’s reputation with the community to create a positive marketing campaign for the upcoming console.

Ryan has been one of the familiar faces that represented Sony throughout the years, often appearing in E3 and other major conferences to promote various products. However, there are negativities tied with Ryan in the past. One of them is his controversial remarks about backward compatibility. But if the rumors about PlayStation 5 including this feature in its development proves true, then there’s no cause for concern.

As for current Sony President and CEO John Kodera, he’ll be swapping position with Ryan and will be handling the development of the PlayStation Network (PSN). Kodera also appears to accept the changing of roles with stride and already has an idea of how to approach the creation of the PlayStation 5.

As for when the next-generation console will be released, no exact date has been given by Sony as of this writing. However, analysts are speculating that the PlayStation 5 may hit the market as early as 2020. With Ryan’s appointment and the PS4’s declining sales performance, this could very well be the case. But given that no official announcement has been given by the company, it’s best to remain reserve about this matter. This is doubly true since Sony has said that they will not be attending this year’s E3 conference.

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