
PS5 backwards compatibility will follow the Xbox approach to supported games, according to PlayStation website

Microsoft announced its financial results for Q3 of fiscal year 2026, including an update on its gaming Xbox business and more.
Not looking good. Hopefully Asha Sharma is able to turn Phil’s disaster around.
To me it's still quite remarkable how they can cash-in 5.3bn in revenue in a single quarter, since their hardware is basically dead.

The charity event will be streamed live from Gamescom in August.

Spiders: "We're going to cut straight to the chase so you're not left wondering: After a long period without clear answers, we have received confirmation that Spiders is being liquidated.
What does it mean? This means the company as a whole no longer exists. We'll cease our functions immediately. The planned DLC will release via Nacon, and then-- well, that's it.
We're sorry that it's come to this and would like to thank each and every one of you for your support over the years.
If you have any questions or run into issues with your games, please contact Nacon directly as we'll no longer be able to reply."
I'll wait till Spny announce it themselves.
They've removed it
https://www.playstation.com...
It no longer says
Stunning Games:
"Play a back catalog of supported PS4™ games with system update."
Now it says....
Stunning games:
"Marvel at incredible graphics and experience new PS5™ features."
I know Sony is focusing on PS4 backward compatibility.
But there are some PS3 titles that many wanted/wants to be backward compatible.
Topping the list would be MGS4. Followed by Killzone 2 & 3, Resistance trilogy, inFamous duology ....
Yes .... We know, PS3's Cell architecture is very different.
It also boils down to Sony's business approach. Do they want to implement this extra emulation feature to level with Xbox.
Or ... with the recent popularity of remakes and remasters, they'll leave the task in the hands of Bluepoint games and rake in extra cash.
Rather have other Playstations that the PS5 can play besides PS4
Is a nice to have feature but I buy a new next gen console to play new next gen games.