Starting 3 p.m. ET, Sony's going to have an event at the PlayStation Theater in Times Square. GBAtemp will be here to cover the event and you can watch it live below. We're expecting to see some more information about hardware upgrades such as the PS4 Slim and the PS4 Neo. The only way to know for sure is to watch above or read below! Live Recap It's starting! Andrew House has hit the stage. PS4 Slim announced right off the bat. Will be the standard moving forward. Packs the same components as the original. $299! It will be in most markets by September 15th. Segway into PS4 Neo probably... Confirmed! It will be called the PS4 Pro. Will be for gamers with 4K set ups. GPU power is doubled. Clockrate of CPU is boosted. 1TB hard drive. Also enhances quality on HDTVs in addition to 4K sets. Spiderman looks awesome in 4K. So does Deus Ex. Honestly they're just showing a lot of examples of HDR and 4K and how much of an improvement they are compared to conventional sets. There is a moderate, but noticeable difference between the PS4 and PS4 Pro when it comes to standard HDTVs. The PSVR will look crisper on the PS4 Pro. Developers will be able to make them much crisper it appears. Horizon; Zero Dawn looks stunning on a PS4 Pro. The new CoDs will support 4K. As will the new Mass Effect. A new Netflix app will be available with the PS4 Pro. Every PS4 console will be HDR capable with a firmware update! PS4 Pro will cost $399 and be available on November 10th. That's all folks!