Sony confirms it will be releasing its PlayStation TV micro console in North America and Europe later this fall following its launch in Japan and Asia last November as the "PlayStation Vita TV." This trim little set-top box was initially designed to help Sony enter the Chinese gaming market, but it seems to have made enough of a name for itself to warrant a launch on our shores.
PlayStation TV adopts the hardware already seen in the Vita handheld, but it's more than just a Vita you leave at home. To recap, while PS TV will certainly allow you to play Vita, PSP and PSOne titles (so far as the selection of PSN digital download titles allow) right on your television, PS TV also supports PlayStation 4 remote play as well as the PS4 DualShock 3 and 4 controllers. In practice, this allows you to use PS TV to stream PS4 games onto another television.
With PlayStation Now, PS TV will also stream PS3 titles as they're made available. As you may have guessed, any titles which require the PlayStation Camera or leverage PS Vita features like the touchscreens will not be compatible with PS TV, but according to Sony that still leaves about 1,000 titles that will work with PS TV at launch. Since it streams from the PS4, it should also stream any additional video entertainment content supported by the home console.
The PS TV will be available on its own for $99 USD, or as part of a bundle including a DualShock 3 controller, 8GB memory card, HDMI cable and a The LEGO Movie Videogame download code for $139 USD.