Fortnite is the new $500 game that will be available exclusively on PlayStation 4 and Xbox One this year

PORTLAND, Ore.

— You’ll need to spend $500 to buy the latest shooter on PlayStation and Xbox this year.

A new video game called Fortnition that will launch on July 23, 2017, will sell for $49.99.

It will be the newest addition to Sony and Microsoft’s gaming platforms and the first to be released for both platforms.

The $50 price point is the same as the Xbox 360 and PS3 games.

The PS4 version will be free to play.

Fortnition is a third-person shooter game that puts players in control of a team of avatars, a group of warriors that are the main characters of the game.

The game is being developed by Sony and Treyarch, a company that also develops Gears of War and other first-person shooters.

Treyarch and Sony say the game is “designed to be played as an ensemble of four or more friends or strangers.”

The $49 price point for the game will be a bit more affordable than what the Xbox One and PS4 versions are charging, but you’ll still need to shell out at least $500 if you want to get the game at launch.

You’ll also need to buy an Xbox Live Gold membership to play the game, and you’ll also have to sign up for the Xbox Fitness app.