Fuck Yeah, Finally!
Rockstar hid a bit of news in its announcement for the Ill Gotten Gains filmmaking contest. The PC version’s baked-in editor is coming to current-gen consoles soon.
The developer says that the next update to the PlayStation 4 and Xbox One versions of the game will include the video editor. There are no specifics yet about when that will be or if it will be as fully featured as the PC version.
However, Rockstar does suggest you get comfortable with the editor when it launches. Another film contest is on the way for all three platforms.