PS5 can capture up to 1 hour of 4K gameplay video with Create Button

The PS5 can record and capture up to 1 hour of 4K footage...but you'll want to use it sparingly.

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Like the PS4, the next-gen PS5 can record up to 1 hour of your most recent gameplay footage. The console can automatically capture in-game footage and format it as a replayable/sharable video. The PS5 has seven different length formats: 15 seconds, 30 seconds, 3 minutes, 5 minutes, 15 minutes, 30 minutes, and 60 minutes. Unlike the PS4, which caps out at 1080p, the PS5 can record footage in up to 4K resolution.

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The 30m and 60m lengths should be avoided unless you're capturing in 1080p. 12 minutes of 3840 x 2160 resolution footage in Assassin's Creed Valhalla took up 3.12GB. The PS5's SSD only clocks in at 667GB so your storage space is at a premium. If you capture 4K or even 1080p footage, definitely be sure to export the video to an external USB stick or drive for use later.

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Another awesome feature is being able to record your mic audio or party mic audio in the footage. This is a great move for anyone who wants to make their own content and easily upload it to YouTube. Ultimately that's one of the main goals with the PS5--to turn players into in-network influencers and content creators that spread the word about the PlayStation ecosystem.