'Transformers' movie news: franchise to get four more films

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“Transformers” fans should be prepared for not one, not two, but four more movies to come, with the next one, “Transformers 5,” all set for 2017. 

“Transformers: Age of Extinction,” the fourth title in the series, is so far the most successful in the franchise in terms of box office take as it grossed more than $1 billion worldwide. With this, Hasbro Studios and Paramount Pictures undoubtedly know which side their bread is buttered. 

On Saturday, Stephen J. Davis, Hasbro Studios president, announced their plans for not just a fifth but also a sixth, seventh, as well as an eighth “Transformers” film, continuing the series, CNN reports.

“You’re going to see a new ‘Transformers’ movie coming from Hasbro and Paramount and Michael Bay and our other partners,” he said at the MIP Junior conference in Cannes, France, CNBC reports.

Davis went on to reveal that they have decided to map out the “Transformers” franchise into the next 10 years, saying, “So stay tuned, ‘Transformers’ 5 is on its way, and 6 and 7 and 8.” 

However, it has not been confirmed if Michael Bay, who directed the other “Transformers” movies, will be coming on board to helm the fifth one as well. Cinema Blend speculates on this. 

There is no doubt that Bay has been the face and the creative force behind this “inspired-by-toys” franchise, but he has other projects lined up, and nothing is definite or official about his involvement in the next entry in the series. Actor Mark Wahlberg, though, has been slated to star in it. 

Jeff Bock, senior box office analyst for Exhibitor Relations, told CNBC, “There’s nothing more than meets the eye here: Hasbro simply can’t walk away from the lucrative movie franchise that has seen the last two entries top $1 billion worldwide.” 

Just the fourth film alone made more than $245 million in North America and $858 million in other territories. CNBC presents figures on gross box office sales for the “Transformers” franchise that indicates it has grossed $3.7 billion since the release of the first film in 2007. 

Paul Dergarabedian, senior media analyst for Rentrak, declared to CNBC, “No matter what critics think of these movies, because generally they are not well-reviewed, they represent that quintessential popcorn movie experience … that’s really served them well and it’s a smart, strategic move to keep that gravy train rolling.”