Sony Reveals PlayStation 5 Console Price and Release Date

The PlayStation logo of the Sony company is displayed during the 'Paris Games Week'  - Getty-H 2019
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The news dropped during a digital showcase Wednesday that included updates to games arriving at launch.

Sony hosted a digital showcase Wednesday with much-anticipated release date information for the next-gen PlayStation 5 console.

Previously revealed to be arriving in the holiday season of 2020, the console will drop on Nov. 12 for $499. A digital edition will cost $399.

Among the first-party games arriving at launch is Marvel's Spider-Man: Miles Morales. Sony also teased a God of War sequel due out next year.

Microsoft's next-gen gaming competitors, the Xbox Series X — a successor to the Xbox One — and its smaller version, the Series S, are dropping Nov. 10 for $499 and $299, respectively.

View Sony's digital showcase below.