Shuhei Yoshida, Sony Worldwide Studios’ head, confirms that your current PSN purchases will not carry over to the newly announced PlayStation 4.

In addition to the PS4 not being backwards compatible with older PlayStation discs, Yoshida told Engadget that PSN purchases will not carry over. The reason behind the incompatibility is that the architecture of the Power-PC-based PS3 is vastly different from the x86-based PS4.

However, Yoshida did promise to bring back some titles “in some form.” Sony’s “longer term” plans include both server-side and cloud services to offer older games.

Thank, Joystiq