While a State of Play livestream is planned by Sony for this Thursday 6 August, that's been confirmed to focus on PS4 and PS VR games, with only minor updates on third-party and indie PS5 games planned. That suggests the event that Bloomberg mentions is separate, and will be focused on the PS5.
Bloomberg's story was otherwise focused on Sony's recent Q1 2020 financial results, which were extremely positive, powered by software sales that were higher than those of any other individual quarter from the past year. A lot of people are buying games in lockdown, basically.
What are we expecting from the next PS5 event?
The big unknowns around PS5 right now are the price and release date. We have a good idea of which PS5 games are planned for this year, though, so it's unclear whether Sony has more software to talk about in 2020.
Speculation around a Silent Hill reboot intensified as Konami created an official Twitter account for the brand in July – previous rumors have pointed to a new PS5 entry in the series, though that hasn't materialized yet.
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Samuel is a PR Manager at game developer Frontier. Formerly TechRadar's Senior Entertainment Editor, he's an expert in Marvel, Star Wars, Netflix shows and general streaming stuff. Before his stint at TechRadar, he spent six years at PC Gamer. Samuel is also the co-host of the popular Back Page podcast, in which he details the trials and tribulations of being a games magazine editor – and attempts to justify his impulsive eBay games buying binges.