The Rockstar Games newswire has word on a new "Executives and other Criminals" update coming on December 15th to Grand Theft Auto Online. Word is this will allow players to participate in their own criminal organizations:

Become a VIP and create your own criminal organization in the latest addition to Grand Theft Auto Online, Executives and Other Criminals. Featuring all new gameplay modes and opportunities for luxury living, Executives and Other Criminals also includes new customizable apartments, stilt houses in the Vinewood Hills and the ultimate in executive excess: the extravagant, fully staffed and upgradeable Super Yacht.

VIP’s who run their own operation gain access to new co-op Jobs, challenges and special abilities in Freemode, as well as having the power to hire and fire other players for their team of bodyguards. Meanwhile, Bodyguards earn a regular paycheck and their own special benefits including RP, GTA$, and stat boosts for working for a VIP’s organization.

Organizations can go head to head in Freemode, with new missions that make full use of the latest executive defense options including new armored vehicle variants, the devastating Turreted Limo and the missile defense systems of the Super Yacht, which also comes with its own suite of supporting vehicle upgrades including the new SuperVolito Carbon helicopter and personal watercraft.