Sony has revealed that the next major PS4 update will bring big additions to the console's Share function, and also let you turn off HDCP, enabling gameplay capture via HDMI.
According to PlayStation Blog, "this upcoming update will add a rich video editor with a simple tool to personalise your video clips, and you’ll also be able to export to and save the videos and screenshots you create by pressing the Share button to a USB drive. In addition, this update will add an HDCP off option for capturing gameplay via HDMI, a feature we’ve previously said would come after launch."
"We recognise that some gamers want to record and share longer clips of their gameplay sessions, and we’re excited to deliver this option with PS4. There’s a lot more coming in this update as well, so stay tuned for more — there will be plenty in the update to excite everyone."
Although no exact time frame was announced, Sony has promised that this update will be coming "soon".