- Paul Fingleton
Media Player functionality finally hits PS4 today
When the PlayStation 4 and Xbox One launched 18 months ago, neither had the media player functionality that their predecessors had built up over time. The only way to consume media was through streaming services or a browser.
Today, almost a year behind Xbox One, the PlayStation 4 finally gets a Media Player and it has most of your needs covered.

Better late than never, here's the full list of supported File formats and codecs
Video
MKV
Visual: H.264/MPEG-4 AVC High Profile Level4.2
Audio: MP3, AAC LC, AC-3 (Dolby Digital)
AVI
Visual: MPEG4 ASP, H.264/MPEG-4 AVC High Profile Level4.2
Audio: MP3, AAC LC, AC-3 (Dolby Digital)
MP4
Visual: H.264/MPEG-4 AVC High Profile Level4.2
Audio: AAC LC, AC-3 (Dolby Digital)
MPEG-2 TS
Visual: H.264/MPEG-4 AVC High Profile Level4.2, MPEG2 Visual
Audio: MP2 (MPEG2 Audio Layer 2), AAC LC, AC-3(Dolby Digital)
AVCHD: (.m2ts, .mts)
Photo
JPEG (based on DCF 2.0/Exif 2.21)
BMP
PNG
Music
MP3
AAC (M4A)