The PS5 Reveal Event and Date Has Finally Been Announced by Playstation | 22 Words

After the PS5 website went live a few weeks ago, the entire gaming community has been eagerly anticipating any further news in regards to the new PlayStation 5.

But a PS5 leak has just revealed some incredible news and the official release date of the highly-anticipated game, so keep scrolling to find out when to mark your diary...

The Sony PlayStation is one of the most popular game consoles out there...

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Alongside the Microsoft Xbox, the PlayStation is perhaps one of the most used consoles for gaming in the world.

Sony dates all the way back to 1946.

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It was founded in the wake of World War II after Masaru Ibuka started an electronics shop in Tokyo, Japan.

It wasn't until 1958 when the name Sony was incorporated...

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And the business has grown to be extremely diverse.

The company has expanded into many different industries...

This includes professional electronics, entertainment, financial services, the music industry, gaming, and the TV industry.

They own the largest music entertainment business in the world.

So it's certainly safe to say that they are a company that knows what they're doing.

But what Sony is best known for is...

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The iconic PlayStation.

The PlayStation first launched in 1994...

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And fast-forward twenty-five-years, the PlayStation has since had 8 different generations including many other pieces of hardware and add-ons.

PlayStation 4 was announced in 2013...

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And this was also when the PlayStation App was introduced, allowing users to use their smartphones and tablets as a second screen to enhance gameplay.

The technology now used is truly amazing...

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And Sony is now one of the leading technology companies in the world.

With the PlayStation 4 being a little bit on the rusty side...

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Fans have been eagerly anticipating the release of the new generation PlayStation.

And now, the wait is finally over.

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In April of last year, it was announced by video game designer Mark Cerny that the PlayStation 5 will be coming in 2020.

And even though the release of the actual console isn't due to happen until later in the year...

The PlayStation 5 website went live a few weeks ago.

Sony's Interactive Entertainment have been teasing gamers in the UK and Germany...

"We've begun to share some of the incredible features you can expect from PlayStation 5, but we're not quite ready to fully unveil the next generation of PlayStation," reads the company's statement on the website.

Gamers can sign up to receive special information about the new console...

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"Sign up to be among the first to receive updates as we announce them, including news on the PS5 release date, PS5 price and the upcoming roster of PS5 launch games," the website goes on to say.

The cost of the new console is currently unknown...

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Sony's chief financial officer Hiroki Totoki explained why it's still early days to determine the cost of it.

"First, we must absolutely control the labor cost, the personnel cost, it must be controlled," he said, "And the initial ramp up, how much can we prepare initially, we will work on the production and the sales and we will have to prepare the right volume as we launch this."

So it looks like fans have a little longer to wait for those answers...

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"What is not very clear or visible is because we are competing in the space so it's very difficult to discuss anything about the price at this point of time, and depending upon the price level, we may have to determine the promotion that we are going to deploy and how much costs we are prepared to pay," he went on to say.

But with a huge thanks to the internet...

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Some fresh new details about the new console have been leaked online.

From what the leak suggested, things sound pretty interesting...

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Allegedly, the PlayStation 5 will support 8K gaming and work with all old PS4 games when it launches later this year.

And now, after a little more digging, we have a date for the official reveal event:

Playstation recently revealed that March 18th would be the day that the console is revealed to those who have been agonizingly waiting from the sidelines.

This is very exciting news, and we simply cannot wait to see what's in store!

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Make sure to stay posted for further updates. And if you're in the mood to read more about gaming legends, then keep scrolling...