In a bizarre opening to tonight's proceedings, Sony announced Grand Theft Auto 5 will be coming to PlayStation 5 and Xbox Series X in the "second half" of 2021, making it one of the only games I can think of to span three generations of consoles.
GTA 5 will offer enhanced visuals for next-gen consoles, and a standalone version of GTA Online will also be released. This will be free on PS5 for three months upon its arrival. It sounds like you'll need a PlayStation Plus subscription to play it though, as with other online games.
New updates to GTA Online will eventually become exclusive to next-gen consoles and PC, Rockstar has now said.
Sony also said owners of Grand Theft Auto 5 on PS4 will get $1m in GTA cash for every month until the PS5 version of the game launches next year. Nice little earner.