You will not get a free upgrade to the PlayStation 5 and Xbox Series X versions of Control even if you own the game and its expansions already.
A new "Ultimate Edition" package version of Control will launch for PC via Steam on 27th August, and then the Epic Games Store, PlayStation 4 and Xbox One on 10th September.
You will need this new version of the game to then get a free upgrade to the "Ultimate Edition" when it launches on PlayStation 5 and Xbox Series X a few months later.
The "Ultimate Edition" includes Control and its two expansions. That's it.
This means you could still buy Control today ahead of its intriguing upcoming Alan Wake crossover expansion AWE which arrives on 27th August, and not be eligible. And, of course, the majority of people who bought Control at launch and might have already paid for additional content too are SOL completely.
An extraordinary FAQ page from publisher 505 Games states the following:
"Will Control Ultimate Edition give me access to Control on Xbox Series X and PlayStation 5? We will offer a free next-gen digital upgrade for those who buy Control Ultimate Edition on PlayStation 4 and Xbox One. For more information on eligibility, stay tuned to our website and community channels.
"What if I purchased the original version of Control previously? The free upgrade path to Xbox Series X and PlayStation 5 version of Control is only available for Control Ultimate Edition."
We've contacted Remedy and 505 Games for comment.