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GTA 5 will launch on PlayStation 5 and Xbox Series X in 2021

Standalone GTA Online free on PS5 for three months.

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.

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