The PS4’s new Media Player should now be available for download. Which you should do: it finallytransforms the PS4 into a proper media centre, allowing for playback of movies and music over both wi-fi (DLNA) and USB.
Here are the supported formats:
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)
Xbox One owners, in case you weren’t aware, your console already supports this kinda stuff