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Today’s PlayStation 5 Showcase event announced the price for the next-gen PS5 console. The disc + digital PS5 will cost $499 and the Digital-only version is priced at $399. This is definitely great news for PS5 fans and could spell trouble for the folks over at Microsoft.

Over the past couple of days, multiple rumors suggested that the PlayStation 5 would be priced lower than the Xbox Series X.

A Bloomberg analyst had suggested it would be $399 for the digital-only and $449 for the disc+digital version of the PS5. Looks like the prediction was absolutely spot on/ not very far from the actual price.

This definitely changes a lot of things in the ‘console war’. This pricing definitely puts Sony in a favorable position and will definitely help boost their sales. While people may argue that there are other factors to consider, the price remains the most important factor when it comes to choosing between the two consoles.

Of course, the PlayStation exclusives are an added benefit and definitely attract people to Sony’s rig. But the influence that pricing has cannot be overlooked.

The Showcase also revealed a lot more information regarding the pre-orders and the launch date of the console. There were also multiple game announcements that surely made fans all over the world happy.

PlayStation 5 price announcement changes things for Microsoft

Moreover, it will be interesting to see how Microsoft changes its strategy for Xbox. Even though they have the $299 price Xbox Series S, the sales for the Xbox Series X now hang by a thread. Xbox’s pricing was termed ‘aggressive’, but Sony went beyond that. Microsoft is in a tough spot now, as the seemingly more powerful Xbox Series X is now at the risk of losing out the lion’s share of the market to its counterpart.

Xbox Chief Phil Spencer had mentioned earlier that the Xbox is not the star of Microsoft’s strategy anymore. Instead, the company will focus more on the Xbox Game Pass and the xCloud service. However, this doesn’t mean that they wouldn’t be worried about the console sales for Series X and S.

PlayStation’s announcement is absolutely amazing and Sony can definitely expect huge demand for the PlayStation 5.

Akshay Patel

I love to play games of all kinds. You can usually find me casually teaming up with my squad to play the most random games ever. Oh, and I also manage to write about those sometimes

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Pauly Shore Is Back! And Hes Finally Found the Peace Hes Been Searching For

Empty malls are getting some surprising new tenants 5 Major Changes Youll See at Starbucks Moving Forward Pauly Shore Is Back! And Hes Finally Found the Peace Hes Been Searching For

The Weasel—aka, Pauly Shore—is sick of being sad.

© Provided by People Koury Angelo

True, the '90s megastar has had a lot of things to mourn over the past 20 years. The loss of his superstardom, the loss of his beloved mother Mitzi Shore in 2018, and the loss of his father, comedian Sammy Shore in 2019. The loss of friends, old girlfriends, his sister in 2018. The loss of the carefree days of his youth when he had the keys to the MTV castle and carte blanche to do and say as he pleased.

© Koury Angelo After losing both of his parents in the last two years, '90s superstar Pauly Shore knew he needed a fresh start. Now he's finally feeling like himself again

But Shore, who is now starring in Guest House, his first film in over a decade, says he's simply ready to be happy again—and at 52, he's learned a lot about what it takes to get there. To start, he recently decided to leave Hollywood and Los Angeles for good. "I just had so much history there," he tells PEOPLE of why he left after 50 years.

He now lives in Las Vegas full time and is loving it. "I feel like myself again for the first time in many years,” he says. “I wanted to start over,” he says. “I want to be the guy America fell in love with years ago, the loose and crazy guy. I want to be happy Pauly again.”

  • For more about Pauly Shore, pick up this week's issue of PEOPLE, on stands now.

Getting back into acting is one of the ways he's starting to feel like "old Pauly" again. "I missed it," he says of getting in front of the camera again. In the raunchy comedy Guest House (also starring Mike Castle, Billy Zane and Aimee Teegarden) now playing On Demand, Shore plays a character similar to his onstage Weasel persona — a stoner-bro whose slacker vibe annoys the uptight people around him. He adored being around the crews again. "The wardrobe people, the caterers, the makeup team, the actors...I just love the camraderie on set."


He's also launched a new podcast, The Pauly Shore Podcast Show, and is much more reflective on how he dealt with losing his fame after a bright decade in the spotlight in his early 20s.

“Unfortunately, I took it very personally,” he says. “It was something I was used to—for 10 years my life was movies, touring, specials albums. And then it just wasn’t there anymore.”

RELATED: Russell Crowe Says 'Being Famous Was Easy' Before Gladiator: It 'Took Fame to the Other Place'

These days, he realized he never should have cared that much.

“Instead of being hurt, I should have been patting myself on the back and going, ‘Wow you had an awesome run. Now let’s take some time off,’” he says of his early success.

He's also much more interested in looking toward the future than the past: "My journey made me realize, "You need to look at what you have...not what you don't have."

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