The new console will arrive in time for the festive holiday season in 32 countries in all.
Buzz for the PS4 has built since its announcement and through E3 in June, and Sony Computer Entertainment President and Group CEO Andrew House revealed today that they've received over a million pre-orders worldwide.
House even offered a dig at Microsoft before announcing the PlayStation 4 release date, reminding fans that while "others have shifted their message and changed their story," Sony has remained consistent. The Xbox One has seen a number of shifts and changes in policy in recent weeks.
The PS4 will cost $399 in the U.S., £349 in the U.K. and €399.
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The PS4 release date was certainly the biggest news to come out of today's proceedings, but it was hardly the only news.
Sony touched on PlayStation Plus, Sony Music Unlimited, Twitch integration, and Remote Play, making some big announcements regarding those features and services. Remote Play from PS4 to PS Vita will be available for almost every game, for one thing, and PS Plus subscribers will be treated to some good deals.
The company devoted a surprising amount of time to indie games, revealing a huge flood of indie titles coming to PS4 and PS Vita.
In addition, Sony is partnering with Virgin Media for broadband in the U.K. and may offer exclusive deals for PS4 gamers.
For film buffs, Sony and Ubisoft revealed that a Watch Dogs movie based on the upcoming next-gen game is in the works.
- Our review of the PS4 is updated!
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Michael Rougeau is a former freelance news writer for TechRadar. Studying at Goldsmiths, University of London, and Northeastern University, Michael has bylines at Kotaku, 1UP, G4, Complex Magazine, Digital Trends, GamesRadar, GameSpot, IFC, Animal New York, @Gamer, Inside the Magic, Comic Book Resources, Zap2It, TabTimes, GameZone, Cheat Code Central, Gameshark, Gameranx, The Industry, Debonair Mag, Kombo, and others.
Micheal also spent time as the Games Editor for Playboy.com, and was the managing editor at GameSpot before becoming an Animal Care Manager for Wags and Walks.