Here is the snippet:
“For 2018, I know this is going to be a disappointment to some people, but we have decided not to hold PlayStation Experience. We won’t have it in the States this year. The reasons behind that really are, we don’t have—we have a lot of progress that we’re making in our games, and we’re seeing that coming out—now that we have Spider-Man out the door, we’re looking down into 2019 into games like Dreams and Days Gone, but we wouldn’t have enough to bring people all together in some location in North America to have that event. We don’t want to set expectations really high and then not deliver on it, so we have—it was a hard decision—but we have determined that this year we will not hold PlayStation Experience.”
PlayStation Experience is generally a two-day event held in December where Sony and its publishing partners exhibit the latest upcoming PlayStation titles. A press conference-style opening keynote usually contains the latest game announcements and trailers.