While this has hit every other news site I find it worthy enough to repost it under this site also. Still no information regarding who will direct, but to the next 10 years we will have another 3 Transformers Live Action Films. (Rumor within his voice said, “and Michael Bay…” But still no updates from Bay and Paramount yet…)

Whether you love them or hate them, we all have to admit it has kept Hasbro in the business of producing Transformers and keeping the brand alive. This year they have reported a “downside” with the Transformers toy-line which was expected as this is a “non-movie” year… So to the next ten years!

The information regarding this starts around 10.30 minute mark.