There is a lot of speculation about what will replace the Sony PS4 and Microsoft's Xbox One console.
So far, there has been news showing that the announcement is in the prime for 2019, which will be a welcome update for many console owners.
And if the PlayStation 5 and Xbox Two are being announced in the coming months, it makes sense that the PlayStation 5 will be launched in early 2020 or end 2019.
And there is good and bad news this week for PS4 and Xbox One players waiting for the big announcement.
The good news is that more reports appear showing the PS5 release date will be announced in 2019.
The bad news is that it won't come anytime soon.
According to one online source, Sony plans to hold an event that will feature the PlayStation 5.
But this won't happen until "mid-2019" suggests a date before E3. It should also be noted that Sony will not be part of the big LA exhibition.
These companies plan their own events in 2019 which will not be held in the weeks leading up to, or following the 2019 E3.
So a mini event in May might be on the card, meaning waiting longer than some fans expected.
Sony has hinted that they will host more than one event this year, so we can see something falling in May focusing on the PS5, followed by a larger convention, looking at games and supporting devices.
There is also a lot of good news this week that shows the PS5 can include great fan favorite features.
There are some instructions that PS4 compatibility will be included in the PlayStation 5.
Sony's patents that lead to such features have been found, making fans excited that they will be able to play their favorite PS4 exclusively on the next generation of machines.
The patent was submitted privately and contained interesting language, including the title "Remastering by emulation".
The language of the patent reads: "Any asset such as texture called by legacy software such as old computer game software has a unique identifier associated with it.
"Unique identifiers can be given by applying the hash to an asset, and then the asset is stored with its identifier in the data structure. An artist remasters the texture for presentation at a higher resolution display than dreamed of in genuine software, and stores it back in the data structure with their identifiers.
"The original software is then played on a higher resolution display, with assets (such as textures) calls that are intercepted, identified, and entered data structures to retrieve remastered assets that have a matching identifier.
"Remastered assets are then entered quickly into game presentations."
But there is one game that doesn't seem to be included, because the recently updated version is reported to come to PS5.
According to the latest rumors, Red Dead Redemption 2 will get a serious increase in next-gen hardware.
This is likely to coincide with games ported to PCs, as well as new versions launched on the next console wave.
New online "sources" say that an increase in RDR2 for PS5 and Xbox Two can be ready by 2020.
It should be noted that this news does not come from one company and means that it needs to be taken with a little salt.
But if this proves to be true, it certainly proves popular with those who are interested in buying a PlayStation 5 or Xbox Two.
Red Dead Redemption 2 has sold more than 17 million copies to retailers since the game was launched.
This puts RDR2 in front of the original Red Dead Redemption in a lifetime of sales already, enough achievements for the first month on the shelves.
So having an upgraded version of one of the hottest games around might help sell fans on the new console too.
Other predictions claim the PS5 could be launched next year, with respected Ace Securities analysts saying it could be "introduced" by the end of 2019.
It's also worth considering how popular the PS4 and PS4 Pro consoles are with gamers, with more than 86 million units sold so far.
Sony even updated their profit estimates because of the success of the PlayStation brand, which has been driven by hardware sales and PS Plus subscription services.