Will I lose my content on ps3?

So apparently sony will close the psn for the ps3/vita/psp(Not official) and I have updates and some games on the ssd from what I'm hearing is that once the PS3's CMOS battery dies, content (including disc-based content) will not work. Is that true about the cmos battery?

2017-04-11T00:37:33.809Z

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