Shushei Yoshida, President of Sony's Worldwide Studios for Sony Computer Entertainment Inc., tweeted a response confirming that the PlayStation 4's Blu-ray player is region locked.
@elijahq region locked
— Shuhei Yoshida (@yosp) October 20, 2013
For those unfamiliar with the concept, a product is region free if your purchased content can be accessible through any PS4 system around the world. If it is locked, you can only access it in the country you purchased it in. This can be likened to how video streaming service Netflix offers a different catalogue depending on which region it is accessed in.
To clarify, this only applies to Blu-ray movies since it was previously announced that games for the would be region free. The Xbox One's games would not be region locked as well. However, it is still unclear if Microsoft is adopting the same policy as Sony when it comes to their Blu-ray player.
The PS4 will be released on November 15th in North America, while the Xbox One will debut on November 22nd.