UPDATED Oct. 24, 12:30 p.m. ET: According to the official PlayStation blog, The Last of Us II is being pushed back to May 29, 2020. You can read the full statement below by Neil Druckmann, the director of the game.

To our fans,

Let me cut to the chase and get the news out of the way. The Last of Us Part II has a new release date of May 29, 2020.

I know. It was just about a month ago when we had our big blowout for the game, letting media play over two hours of it along with debuting our new story trailer and revealing the release date. The positive response we saw from our community was overwhelming. You can feel the energy among the team members. After working on something for so many years, it’s invigorating to get a glimpse of validation for all the hard work.

However, it was during the last few weeks, as we were closing out sections of the game, that we realized we simply didn’t have enough time to bring the entire game up to a level of polish we would call Naughty Dog quality. At this point we were faced with two options: compromise parts of the game or get more time. We went with the latter, and this new release date allows us to finish everything to our level of satisfaction while also reducing stress on the team.

While we’re relieved that we won’t have to compromise our vision, we’re disappointed that we weren’t able to avoid this exact situation. We wish we could’ve foreseen the amount of polish we needed, but the size and scope of this game got the better of us. We hate disappointing our fans and for that we’re sorry.

We hope you understand that this additional time ensures that The Last of Us Part II lives up to our collective ambition as well as our commitment to the highest level of quality. We know the extra few months will add to what may already be an excruciating wait for all of us. We are grateful for your patience and continued support. Come next May, you will finally rejoin Ellie in The Last of Us Part II.

-Neil

See original story from 9/24/2019 below.

Playstation shared the first trailer for The Last of Us II during their State of Play address today. 

The game follows Ellie as she attempts to exact revenge on antagonists from the critically adored game. As director Neil Druckmann shared on Playstation's blog, the much-anticipated sequel was a labor of love that took half a decade to create. 
 
"We spent years crafting a game that we feel will do them justice, telling a nuanced story that deals with the core question: how far would you go to exact justice against the people that hurt the ones you love? It’s a highly emotional story with complex themes that befit the world of The Last of Us," he said before calling the game the most ambitious effort in Naughty Dog's history.  "To tell this kind of story the game needed to be massive... [The trailer] just scratches the surface of what the game has in store."

Needless to say, fans were overwhelmed by the new trailer for Last of Us II

That game is due out on February 21 for Playstation 4.  Elsewhere in the update, Playstation shared that they are bringing Civilization VI to their platform on November 22. They shared a demo of their update of PS1's MediEvil and announced a new game called Humanity. Check that trailer out below.