Canon Rumors said:
The first image and specifications for the Canon EOS M50 have leaked out.
it will be interesting to see the rest of the images, specifically of the back side and top.
it appears that canon has adjusted the ergonomics for this to be a video -> stills versus a stills-> video bolt on if you note the location of the record button.
with what appears to be lower level ergonomics this sits kind of under an M6 in terms of ergonomic functionality however with an included EVF and variable angle display for video.
of course the big news is possibly DIGIC 8 bringing hopefully efficient 4k video to Canon ILC's. it has to be more efficient than the 5D Mark IV etc simply because it's SD card.
My guess is that they released this to get the EF-M line up to include 4k after Fuji seems to be doing great things in that market, and more than one whisper said that Canon / Nikon are more worried about Fuji than Sony.
Why it's not the M5 Mark II? probably because it' *only* has really minor updates from the M5 outside of video and CR3 format, and no new sensor generation.
If a new sensor generation is coming out this year, it makes sense to hold off the M5 update, IMO.