Edit and Share Epic Moments with SHAREfactory 
After PS4 owners update to system software version 1.70, an icon to download SHAREfactory will appear on the PS4 system’s homescreen once it’s available. SHAREfactory, a free rich video editor, will elevate game sharing by allowing users to easily customize their gameplay videos with special effects including filters, transitions and themes.  SHAREfactory provides access to a robust suite of tools to personalize videos by adding text and video commentary with picture-in-picture capability using PlayStation®Camera.  PS4 owners can also add a custom soundtrack to their videos using the included audio tracks or by importing their original music. With this rich set of features, SHAREfactory enables players to create a polished compilation of their most epic gaming moments to share with their friends and social networks.

Get Games Faster with Automatic Downloading for Pre-ordered Games 
Immediacy and streamlined access to content is a core part of the PS4 experience, with existing features such as “Play As You Download.” The 1.70 update builds on this by adding the ability to automatically download select games pre-ordered from PlayStation®Store prior to the release, so it’s ready to play as soon as the game launches.  When the auto-download feature is enabled, the game will automatically download up to several days in advance of launch.  As the release date approaches, a new countdown timer will appear to show how much time remains, to the second, until the content is released and accessible.

More Flexibility for Gameplay Captures with HDCP Off 
The 1.70 update addresses one of the most highly requested features from PS4 users by introducing the option for PS4 users to disable High-bandwidth Digital Copy Protection (HDCP) for games. This enables PS4 games to be output through HDMI to an external capture device for more flexibility when capturing gameplay, including longer recorded and live streamed sessions.

Easily Share Captured Videos, Screenshots or Edited Videos with USB Export Option 
The ability to export captured videos, screenshots or edited SHAREfactory videos by pressing the DUALSHOCK4 controller’s SHARE button to USB drive will also be added, allowing users to share their proudest, most heroic gaming moments with the world on the social video platforms of their choice.

Watch Live Broadcasts in HD or View Broadcasts Later with Archiving Support 
With the upcoming update, users will have the option to broadcast their gameplay in 720p HD resolution and archive their broadcasts via Twitch and Ustream.

Additional features and updates introduced with system software v1.70 include: