The release date will mark exactly 24 years since the launch of the first PlayStation, which went on sale in Japan on 3 December 1994. If you want to know more you can sign up to the Sony mailing list on the site. Both Nintendo consoles reached the market with 30 pre-installed games.
Sony has created its own version of Nintendo's Classic Mini line of retro consoles, including games like Ridge Racer 4 and Jumping Flash!
'All of the pre-loaded games will be playable in their original format, ' the company said.
The PlayStation Classic will include two original PS1 controllers and a HDMI cable, and cost €99.99 (about £90, United Kingdom price TBA).
The controllers are full-size replicas of the PS1's original gamepads, not the later DualShock ones, and so don't include analog sticks or vibration.
Sony has announced five games so far. You do get a virtual card to save your game progress.
However, since the console uses an internal software database of games - players will not need to manually swap-out disks. Regional pricing is $99.99 Dollars / $129.99 CAN / €99.99 Euro / £89.99 GBP.
First there was the NES Classic Mini.
Yes, just like Nintendo's new creations, this tiny PSone-inspired machine takes the form of the original model, but at 45% the size of the system that launched back in 1995.
After the success of Nintendo's mini retro consoles, we have seen others attempt to follow in its footsteps.