Sony has announced its new FX5. The FX5 is capable of recording 5K60 Open Gate (3:2) and 5K120 (16:9) internally in X-OCN RAW, and features three base ISO settings, a VENICE-inspired user interface, and a Multi-Function Dial. Even though it was designed to sit between the FX3 and the FX6, it represents a real paradigm shift for Sony as a company. I say that because the company has finally relented and made an affordable digital cinema camera that is capable of open gate recording. Up until now, Sony has been very careful in protecting its higher-end models, namely the BURANO and VENICE 2. However, with lots of the competition offering open gate in lower-end models, Sony arguably needed to change its thinking. The FX6 and FX3 were extremely successful cameras for Sony, but both of them are now getting a little long in the tooth. Instead of making new models of both those cameras, Sony decided to come up with something that sits in between. With the majority of sales happening at the lower end and more and more people creating content, this is arguably a smart move. Unlike the FX3, the FX5 isn’t a mirrorless hybrid, as it doesn’t feature any stills capabilities. I think most potential buyers of the FX5 won’t be angry about this, as it means fewer menus and less compromises on the video side. Besides, if you want a mirrorless hybrid, there are plenty of other options that are available. Key features - 5K 16.6MP Stacked Full-Frame Sensor - 5K60 Open Gate (3:2) & 5K120 (16:9) - Internal X-OCN Raw Recording - Triple Base ISO | Dual Gain Mode - 3.5″ 16:9 4-Axis Multi-Angle Touchscreen - AI-Powered Autofocus & White Balance - 5-Axis In-Body Image Stabilization - BIG 6 Menu System & Streamlined Controls -