Here's how to watch the PS5 price and release date showcase on Wednesday

Sony has announced it is holding a PS5 showcase on Wednesday. The Japanese giant says the 40-minute online event will feature "a look at some of the great games coming to the PS5 at launch (and beyond!)." 

More importantly, Sony is expected to reveal the PS5 price and release date.

Sony isn't giving much away but we'd expect that the updates from "world-class development partners" will include more details on games such Spider-Man: Miles Morales, Gran Turismo 7, Horizon Forbidden West and Bluepoint's Demon's Souls, which is said to be stunning. 

An official Sony blog post invites fans to "Tune in live on Twitch or YouTube this Wednesday, September 16 at 1pm PDT / 9pm BST / 10pm CEST to see what’s next for PS5."

And it's about time too, some would say. GAME Guildford tipped the Sony PS5 event for last Wednesday, but as Microsoft hogged all the headlines last week, Sony may have, it seems, chosen to to bide its time. 

PS5 pre-registration opened last month, although Sony hasn't shared a date for official PS5 pre-orders. For now, all we have to go on is this new teaser video ahead of Wednesday's event.

Microsoft is currently leading the race for Christmas sales, having announced that the Xbox Series X will cost £449 ($499, AU$749) and the Series S £249 ($299, AU$499). The next Xbox consoles will be available to pre-order from 22nd September.

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