PS5 Won't Be Backwards Compatible with PS3, PS2, or PS1, Says Ubisoft
gamespot.com
gamespot.com
If there is enough demand, I hope that it will be possible to add PS5 support for emulating older downloadable games purchased from the PlayStation Store.
I'm personally more inclined to pay (again) for a quality remastered version on a next gen console. I've enjoyed replaying some of the PS4 remastered games with higher definition graphics (Last of Us, God of War 3, CoD: Modern Warfare, Uncharted Collection, ...) and I still aim for Platinum trophies for my favourites.
Sony has also said "We believe that the overwhelming majority of the 4,000+ PS4 titles will be playable on PS5" (https://blog.us.playstation.com/2020/03/18/unveiling-new-det...) which hopefully covers most of the games I've bought in the last 6 or so years.
https://support.playstation.com/s/article/Play-PSone-and-Pla...
* All PlayStation®3 systems can play most PS One games.
* Certain PS3™ systems have the ability to play disc-based PlayStation®2 software titles (backwards compatible).
* All PS3™ systems have the ability to play downloadable PS One and PlayStation®2 Classics available from the PlayStation™Store.
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It distinguishes between "play[ing] most PS One games" and "play[ing] downloadable PS One ... Classics"
Here's some video proof: https://youtu.be/yg1zHAEdxXA?t=20
In fact, with most consoles having a lifespan of about 6 years on average [2], I would even say that there is a diminishing return in keeping that baggage around.
[1] https://en.wikipedia.org/wiki/Backward_compatibility#Costs
[2] https://za.ign.com/ps4/64636/feature/the-5-longest-console-l...
Someone has an agenda.