PS4 is irrelevant for media, doesn't even have VLC app, doesn't read almost anything, most my movies are in x265 and most my music is in FLAC/ALAC, ps4 is useless, even a 20dollars TV media box runs things way better than ps4. PS4 doesn't even have a 4K bluray player
My Xbox X runs anything you could throw at it. Its a shame no one seems to value the xbox for these awesome features.
Perhaps cause the main reason to value a console is games and Playstation does it better than all the others. Other features are a bonus and that's great of course, but if the main feature is not good, all the greatest bonuses won't turn things around for that system.