Steven Spielberg & Michael Bay to return for “Transformers” movies

A few years ago it was looking like every single Hasbro game or toy that ever existed would become a movie, with Transformers tearing up the box office, Battleship in production, and Ouija, Stretch Armstrong and Candy Land movies all in the works. These days the situation is a lot quieter– Universal killed the Ouija movie and abandoned Clue, and Michael Bay seemed pretty certain that the third Transformers would be his last.

Steven Spielberg, producer Ian Bryce and Michael Bay on the set of the first 'Transformers.'

From the THR: Hasbro is in active discussions with Paramount, Bay and Steven Spielberg to make a fourth Transformers movie. Of course, Bay is probably only involved in this as a producer, but thats still probably fine with him– he doesn’t just get a cut of the movies that succeed, but of the Transformers toys themselves, which means there’s a lot in it for him if the franchise keeps going.

“We continue to actively develop a number of additional Hasbro films with great partners and writers, including Micronauts, Ouija, Candyland, Risk, Stretch Armstrong, Clue and Monopoly,” Hasbro CEO Brian Goldner said Monday.

On Ouija, he drew a comparison to Walt Disney’s recent decision to restructure the budget for The Lone Ranger. That is “the same process we have gone through on the Ouija brand,” although at a lower level of spending, he said. Goldner added that the script is in good shape and is being polished now, meaning that the film could be back with a studio shortly.

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