Sony Computer Entertainment announced on the PlayStation blog the first software update to the upcoming PS4.

The system software update version 1.50 will be available on Nov. 15, the same day as the next-gen console's official release. The update will be additions to the PS4 software along with tweaking of basic console functions.

The update will take approximately 300 MB. Check out a few of the features and included with the update below:

Remote Play
"Users will be able to access PS4 titles displayed on their living room TVs and play them on a PS Vita system over Wi-Fi networks by using PS4 Link (Depending on network environment or titles, remote play performance may vary outside of the home). We anticipate that most PS4 titles will be playable on the PS Vita system through Remote Play. The latest PS Vita system software version, to be released soon, will be required to use PS4 Link."

Broadcast and spectate gameplay
"The PS4 system also enhances social spectating by enabling users to broadcast their gameplay in real-time to game fans around the globe, using Ustream and Twitch live internet streaming services (users will need to sign up for individual accounts to use Ustream and Twitch). There are two ways for users to view live broadcasts. 

"First, the Live from PlayStation application on PS4 aggregates streams from all PlayStation users. Second, users can spectate friends' PS4 gameplay from PCs, and applications such as Ustream, Twitch, and browsers, which are installed on their mobile devices.

"These applications can be easily started up via PlayStation App, and users can also use these applications to post comments to gameplay broadcasts. Furthermore, users with PlayStation Camera can stream camera images and microphone sounds along with their live gameplay broadcast."

Play as you download
"This feature enables users to play supported digital titles as they are being downloaded. The time it takes to begin playing will vary depending on game data size and network environments, and not all titles will support this feature When a game is purchased, users can start playing after PS4 downloads a portion of the data, while the rest of the game is downloaded in the background during actual gameplay. Games may be downloaded in stand-by mode."

Sony also confirms some features will not be available to download on Nov. 15 and additional information will be provided when updates are made available.

To check out the full list of features available for the system software update version 1.50 download, click here.