The PlayStation Network is suffering a global outage, with subscribers confirming that they can no longer play online games or access the company’s website.
When attempting to access PSN, users may be greeted with errors stating, “The connection to the server timed out” or “An error has occurred.” 
The PlayStation Network status page has confirmed the outage, stating it impacts all services, including account management, gaming and social, PlayStation Video, PlayStation Store, and PlayStation Direct.

Current Playstation Network status page
“You might have difficulty launching games, apps, or network features. We’re working to resolve the issue as soon as possible. Thank you for your patience,” reads the status message for the Gaming and social service.
The status page says that the outage started at approximately 8:41 PM ET and that they are working to restore service.
This is a developing story.