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As of tomorrow, all new PS5s will cost $50 more in the US

Sony on Wednesday announced that it will hike prices of the PlayStation 5 in the US this week.

Max Knoblauch

Almost five years after the console first landed on shelves, PlayStation 5 prices are going up.

Sony on Wednesday announced that it will bump the price of all PS5s by $50 in the US beginning August 21. The high-powered pro version of the console will now top out at $750.

“A challenging economic environment” — corporate-speak for “we don’t want to get political but: tariffs” — are behind the change, according to Sony’s statement.

Sony already boosted PS5 prices in Europe earlier this year, but has been reluctant to do so in the largest console market. When it reported earnings in May, CEO Hiroki Totoki mused about possibly building the console in the US to avoid tariffs. Sony’s rivals have already succumbed to tariff adjustments.

In May, Microsoft hiked Xbox prices by up to $100 in the US. Earlier this month, Nintendo lifted the price of its original Switch console and certain Switch 2 accessories, though it’s held off from bumping up the price of the popular Switch 2 console itself for now.

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$5.6B

Disney could be well on its way to its third billion-dollar film of the year following a $345 million opening weekend for “Avatar: Fire and Ash.” The film’s opening gross puts the “Avatar” franchise’s total box office earnings at $5.6 billion — and counting.

The latest film, the second “Avatar” entry under Disney’s tent, earned about 75% of its total box office gross internationally — in line with previous movies in the (as of now) trilogy. Domestically, this one earned $88 million, falling short of expectations.

“Fire and Ash” was the widest Imax release ever, debuting on 1,703 screens globally and earning $43.6 million through the format. The $345 million “Fire and Ash” opening weekend was the second-highest of 2025, behind Disney’s “Zootopia 2,” which recently passed the $1 billion mark, globally.

Year to date, Disney has earned $5.8 billion globally at the box office.

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In less than 3 weeks, Disney’s “Zootopia 2” becomes the second billion-dollar film of 2025

The global film industry officially has its second billion-dollar film of the year, as Disney’s “Zootopia 2” surged past the $1 billion box office mark in just 17 days. The other billion-dollar film this year, the live-action “Lilo & Stitch,” was also made by Disney.

“Zootopia” was the fastest to reach 10 figures of any animated film. The animated hit, which had the highest-grossing global debut of the year over Thanksgiving weekend, has benefited from massive numbers in China.

Disney also logged two billion-dollar films last year with “Inside Out 2” and “Moana 2.” (The latter also came out over the Thanksgiving holiday.) The only other film to cross the mark in 2024 was “Deadpool and Wolverine,” which featured Disney’s IP.

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