The console will be on sale before Christmas, and although Sony refused to disclose a definite price it is likely to cost less than £300. It will offer superior graphics and new social features; for example, the ability to share recorded gaming clips. Sony will be hoping that the launch can reverse their fortunes; last year the company posted a £3.2 bn loss, marking the fourth year it ended in deficit. Read more here.
Spotify is hoping to boost the amount of free music it offers on its mobile service; if this goes ahead, it's likely to significantly increase on-the-go music streaming. The company has already started negotiations with Warner Music and will begin talks with Sony and Universal in the coming weeks - they will be pushing labels to lower costs in order to offer the free service. This could affect the incomes of both artists and record companies negatively, however it may be welcomed by music fans who are becoming increasingly accustomed to listening to music for free.
We look back at some of the best EPs released over the summer, including debuts by Sudan Archives and Mighty Lord Deathman…
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