Transformers Movie Series Getting Rebooted
The Transformers are getting a franchise reboot!
Hasbro & Paramount Are Rebooting Transformers Film Franchise!
Those attending the Toy Fair 2018 Hasbro Investor Preview this morning were greeted with quite the shock as the toy company announced that the current Transformers movie franchise is getting a reboot, following the release of the Bumblebee spinoff in December. Hasbro revealed that a total reset and overhaul is on the way after the five-film franchise's upcoming prequel. The ultra-expensive series has been panned by critics, and the last couple of installments have been disappointing at the domestic box office. Going forward, Hasbro will be taking on a bigger role in producing films based on its property alongside Paramount, the studio behind the Transformers and G.I. Joe films. Hasbro will now have greater control over the movies being made, which includes greenlighting new projects. The company is also said to be investing between $100-$125 million on film and TV content this year.
The plan is to reboot the Transformers film series following the Bumblebee film, which is set to hit theaters in December. Hasbro has four films currently slated for release through 2021. G.I. Joe and Micronauts are getting new movies in 2020, while Dungeons & Dragons and a mystery Paramount/Hasbro event film are scheduled for 2021. For now, there are no Transformers movies scheduled through 2021. Hasbro gave no indication as to when the reboot process would officially begin, but it seems as though the focus is currently shifting to some of the company's other big properties. Michael Bay directed the five live-action Transformers movies with Travis Knight (director of Kubo & the Two Strings) helming the upcoming Bumblebee prequel/spin-off starring Haliee Steinfeld and John Cena.
Transformers was a toyline created by Hasbro and Takra Tomy and soon became a popular animated series. The live-action film series began in 2007 with the release of the first film and was produced by Ian Bryce, Tom DeSanto, Lorenzo di Bonaventura, and Don Murphy. Michael Bay directed each of the films in the franchise which have starred Shia Labeouf, Megan Fox, Josh Duhamel, Tyrese Gibson, Jon Voight, John Turturro, Patrick Dempsey, John Malkovich, Frances McDormand, Rosie Huntington Whiteley, Mark Wahlberg, Nicola Peltz, Jack Reynor, Stanley Tucci, Kelsey Grammer, Isabela Moner, Laura Haddock, and Anthony Hopkins. Bumblebee: The Movie will be in theaters on December 21.