Due this fall, the game will receive a graphical overhaul to take advantage of the greatly improved processing capabilities of the new systems from Microsoft and Sony. This should result in more detailed virtual worlds with larger populations.
"'Grand Theft Auto V' looks and feels stunning enhanced by the power of these new platforms," said Sam Houser, founder of Rockstar Games, in a statement. "We can't wait for players to experience a new level of detail to this massive world."
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"GTA V," which has sold more than 33 million copies on previous generation systems, exploded out of the gate last September, with day one sales of $800 million and topping $1 billion in its first three days, something no entertainment property — game or movie — has accomplished before.
To encourage many of those fans to repurchase the game for newer systems, Rockstar is allowing the current generation of players to transfer their "Grand Theft Auto Online" characters (from the open world multiplayer portion of the title) from their last-gen system to a next-gen one (or PC).