Sony just wrapped its lengthy and jam-packed press conference at Gamescom today.

Most importantly, it announced the release date for PlayStation 4 is November 15.

The company has delivered a long overdue price cut for its struggling handheld, Vita. Effective immediately, the Vita is now $199.99. It was previously $249.99.

Additionally, the company has promised to significantly reduce the prices of the handheld’s ridiculously overpriced proprietary memory cards. No new price points were announced for the memory cards, though.

What else came out of the press event?

• Twitch streaming and viewing is coming to PS4. Goodbye, UStream!
• Rogue Legacy, Hotline Miami 2: Wrong Number, N++, The Binding of Isaac: Rebirth, Volume, Fez, and Wasteland Kings will be premiering first on PS4 and Vita. That means it’ll show up elsewhere later, and many of those will likely release on PC on at the same time, too. (And, obviously, if it's already out, that's not true, either!)
• The developers of Dear Esther and Amnesia: A Machine For Pigs showed our first look at Everybody’s Gone to the Rapture.
• The old Psygnosis game, Shadow of the Beast, is being “reimagined” on PS4. No developer was named.
• The developers of Magicka announced a gun-centric sci-fi shooter called Helldivers.
• Borderlands 2 is coming to Vita.
• Gran Turismo 6 is launching on PlayStation 3 on December 6.
• Hey, Minecraft is coming to Sony platforms, too!
• The 12GB PS3 will be priced at $199.99.
• Anyone who purchases Call of Duty: Ghosts, Assassin's Creed IV: Black Flag or Watch Dogs on PS3 will be able to purchase the PS4 version at a "significant" discount.
• More than one million pre-orders worldwide for PS4 already.
• Sony announced a heck of a lot more indie games headed to PS4 and Vita on its official blog.