PlayStation Vita TV will let you play on the big screen
Micro-console plays Vita, PSP titles, allows PS4 to be streamed to other TVs
Sony has revealed a piece of hardware which it has managed to keep entirely under wraps until now: the PlayStation Vita TV.
Essentially a micro-console in the vein of the Ouya or Gamestick, the Vita TV will play Vita and PSP games on the TV via an HDMI out and using a DualShock 3 controller. It will also let gamers stream PS4 content to another screen should the television it's hooked up to be in use.
A lack of screen means that both dimensions and costs are kept low. The 6 x 10cm device launches in Japan on November 14th, 2013 for ¥9,480 ($95, £60, €72 appx). A package containing a DualShock controller and an 8Gb memory card will retail at ¥14,280 ($143, £92, €109 appx).
As well as playing games, the Vita TV will be able to access many of the video streaming services and other functions of both the Vita and the PS4, featuring Hulu, Twitter and various Japan-only channels. No plans have been announced for the device's global release, yet, but full technical specifications are below.

Rick, $99 is kinda pricey for what is basically TV out which even the PSP had.
Im doing the same with the VITA, I want a VITA, but I still feel the price is a bit steep, however now that they announced a new model at 150$ I might pick one up.
Ive come to the conclusion that price drops are inevitable when it comes to electronics, and its best to wait sometimes :)
Lack of compatibility with any 'must-have' games and resolution.
Games will more than likely look terrible on a 1080p HDTV (the ones that find support) and there will be devices better at streaming high(er) resolution video.
Hard not to say, but I'm feeling so much afterthought in recent announcements for the portable side of the business. There are some plus points here, one being the idea that this extends the capabilities of the Vita somewhat, problem is there are devices that do all this so much better.
On that note, I have been considering Vita recently as the price comes down and software slowly builds. I knew there would be a re-design so that announcement comes at a good time ;)
Kawano: If I'm honest I'd say that the Vita TV is aimed at those who used to play on the Playstation and Playstation 2 but aren't currently playing games. I feel it is a very attractive product for those who want to play casually. There is a treasure trove of games built up for the system and we want more people to get their hands on them. We believe going forward that making use of old products/properties is going to become an important recurring theme for publishers; there are a lot of good old games out there.
Original Source: http://www.famitsu.com/news/201309/09039724.html
Translation Source: ...err...me. Ahaha.
Edited 1 times. Last edit by Shehzaan Abdulla on 9th September 2013 9:56pm