In addition to this delightful news, PlayStation 5 owners will also get a special stand alone version of Grand Theft Auto Online. This version will remain free for three months following the release of Grand Theft Auto V.
Rockstar explained the upcoming rerelease as follows:
Grand Theft Auto V continues to excite players from generation to generation, combining an action-packed tale of three very different criminals trying to survive in modern day Los Santos with one of the deepest and most diverse online experiences to date. Now, with over 130 million copies sold, the record-breaking and critically acclaimed open world experience, we are proud to announce that Grand Theft Auto V is coming to PlayStation 5 in the second half of 2021.
Grand Theft Auto V for PlayStation 5 will feature a range of technical improvements, visual upgrades, and performance enhancements to take full advantage of the console’s powerful new hardware, making the game more beautiful and more responsive than ever.
For the massive and vibrant community of Grand Theft Auto Online players worldwide, the journey through the ever-evolving, shared world of Grand Theft Auto Online will continue on PlayStation 5, featuring additional Grand Theft Auto Onlinecontent exclusive to the latest generation hardware. Plus, a new standalone version of Grand Theft Auto Online will also be available for free exclusively for PlayStation 5 players during the first three months.PlayStation Blog
If this wasn’t exciting enough, current PlayStation 4 owners also have something to look forward to.
And starting today, all PlayStation Plus members on PlayStation 4 will get GTA$1,000,000 (deposited within 72 hours into their in-game Maze Bank account) each month they play Grand Theft Auto Online until the launch of Grand Theft Auto Online on PlayStation 5.PlayStation Blog