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Gamescom, TGS and PSX were all much better than Sony's E3 last year.
I would think this is some indication of Sony's direction for these kinds of things, PSX in particular (because it was based in America), which I think most people liked the most of all Sony's conferences in 2014.

There's no doubt on whether they have new exclusives to show off and it's even more doubtful that they really need to put a tonne of stage time into things like 3rd party marketing deals, when they get to advertize those games as the main system outside of E3 and they're already selling a lot of those games without much of a push.