The PlayStation 5 console is set to release in late 2020. It is a digital only console, meaning that it will not have a disc drive. This is a change from the PlayStation 4, which was released in 2013 and had a disc drive. The digital only format means that the PlayStation 5 will be unable to play physical media, such as discs. Instead, all games will need to be downloaded and installed onto the console's internal storage. This change is likely due to the increasing popularity of digital downloads and streaming services, such as Netflix. More and more people are consume digital content, so it makes sense that the PlayStation 5 would be a digital only console. This also means that the PlayStation 5 will be more affordable than the PlayStation 4, as there will be no need to manufacture and ship physical discs.