The company also doesn't expect to release any game from major existing first-party franchises until April 2025

-> Any new existing major first party titles. This means we are only getting new IP this year.

But my fav was announcing last of US part 3 for 2035

Like wtf happened to gaymdevs ? Like it took rocksteady 6 years to make 3 Batman games and 10 years to make suicide squad then it took naughty dogs 10 years to make 6 games (don't include remasters with remasters it's 19 games (4 jack games separate for ps3 then years later for ps4 then uncharted 1-3 hd remaster and last of us ps4) ) and now it took them 4 years to make a remaster of 2020 game that was already 4k and now more than 10 years to make 1 sequel

https://n4g.com/news/2585039/sony-drops-full-year-ps5-sales-target-to-21-million-units-expects-shipments-decline-from-next-year#comments