https://www.gamespot.com/articles/ps4-new-line-of-playstation-hits-games-announced-b/1100-6459891/

PS4 has been on the market for quite a few years now, and we've reached the point in its lifecycle where Sony is prepared to introduce a standardized line of budget-priced versions of games. Much as it did with its Greatest Hits/Essentials lines in the past, Sony has announced a PS4 equivalent called PlayStation Hits, and it consists of some quality games for the console.