It will allow users to 'capture and manipulate game footage at will.' Instead of mod tools, Rockstar has included a video editor similar to the one in GTA 4 only with a more advanced set of tools to work with.
'Since GTA Online has such a massive and vibrant community, our primary focus is making sure that nothing detracts from that experience or has a negative impact on the overall community of players,' he said regarding mods. Speaking in an interview with Gamespot, lead gameplay designer John Macpherson never hinted at releasing mod tools ( despite old unsubstantiated rumors), but instead touched upon the Rockstar Editor which allows users to create custom gameplay videos.
With GTA 5 arriving on PC April 14, modders are itching to get their hands on the game, but if they create one for GTA Online, Rockstar has more or less stated it will nix any which has a negative impact on the multiplayer experience.