Along with Destiny: The Collection, Bungie and Activision also announced today that the upgrade program for PlayStation 3 and Xbox 360 owners of Destiny starts today and runs until January 31, 2017.
As they explain on their website, legacy console owners can upgrade their Destiny: The Taken King copy to a copy of Destiny: The Collection on PS4 or Xbox One for $40. Bungie adds that you must upgrade within the same console family (PlayStation to PlayStation, Xbox to Xbox), you must login to Destiny using the same PSN ID or Xbox Gamertag, the offer is digital-only, and you must perform an Account Import.
Full details on the Destiny upgrade program are available on Bungie’s Help site.

In other Destiny news, Sony revealed the timed exclusive PlayStation 4 content for Rise of Iron, which will remain exclusive until at least fall 2017:
Quest line: Show of Strength

?While you serve the Vanguard in the Plaguelands, I wonder if you?d be so kind as to help me understand the more brutal aspects of the Devil Splicers? brand of worship.? ? Tyra Karn

Reward for Quest: Ship ? Timeless Tereshkova

You are but the most recent entry in Cosmodrome?s long and legendary history.

PvP map: Icarus
Location: Languid Sea, Mercury
This Golden Age solar farm on Mercury has remained un-touched by the Vex for reasons unknown. The Vanguard has denied petitions from various weapon foundries to research it until the Warlock orders have finished their surveys first. An exemption has been granted ...