PS Vita TV Coming to North America and Europe as PlayStation TV

PlayStation TV is an entertainment system which will enable users to enjoy a variety of PlayStation game content on their TV at home
Using PlayStation TV, North American players will be able to download select PS Vita games PSP (PlayStation Portable) games and PlayStation games from PS One classic through PlayStation Store, stream select PS3 games to the device via PS Now, and play PS4 games from a PS4 system in their home over local Wi-Fi through Remote Play. Select PS Vita games will also be playable on PS TV via PS Vita cards.
PS TV also offers entertainment content, with movies, TV shows, and music available to buy, rent, or stream from PlayStation Store.
The standalone system will have a suggested retail value of $99/€99. A PlayStation TV bundle will also be available in North America this Fall for $139 (SRP), and includes a DUALSHOCK 3, an 8GB memory card, an HDMI cable, and a digital voucher for Lego: The Movie.