At its Gamescom media event Sony announced the box will hit the EU on November 14, priced at €99/$99 (around £78, AU$106), which includes three game downloads.
The UK price is yet to be confirmed, but expect it to fall somewhere around the £100 mark.
Also among the European-focused announcements, Sony confirmed the PlayStation Now cloud gaming service, currently offering over 1,000 archive titles to gamers in the United States, will hit Europe in 2015.
Gamers in the UK will have the first opportunity to take PlayStation Now for a spin, with the beta launching in the UK before hitting other countries in the PAL territory.
Until the launch of PlayStation Now, the key PlayStation TV functionality may be the ability for gamers to play Sony PS4 games on another TV in the house.
However, the device will also provide access to Sony's entertainment portals, allowing users to listen to music and view movies and TV shows.
Like other streaming boxes, it'll also include access to third party apps like Netflix
The mini console boasts a Remote Play feature not too dissimilar to the one within the PS Vita handheld console.