The next 10 years of the Transformers franchise has been plotted out

                       The fifth, sixth, seventh and eighth films in the franchise are in development

The next ten years of the Transformers franchise has been plotted out, according to the president of Hasbro Studios. 

Stephen Davis told a Cannes audience yesterday (October 3) that the fifth, sixth, seventh and eighth Transformers films are being worked on, as well as a TV series.

"You’re going to see a new Transformers movie coming from Hasbro and Paramount and Michael Bay and our other partners," he said. 


“We decided that we wanted to plot out the next 10 years of Transformers... Similarly, we are doing the same in television and in digital. So stay tuned, Transformers 5 is on its way, and 6 and 7 and 8.”
The announcement follows the news back in May that the Transformers franchise had assembled a "writers' room" to work on ideas and screenplays for forthcoming sequels and spin-off films. 

Akiva Goldsman, whose numerous screenwriting credits include The Da Vinci Code, A Beautiful Mind and I Am Legend, heads up the "writers' room", joined by Robert Kirkman, creator of The Walking Dead comic book series, and Lost/The Amazing Spider-Man 2 scribe Jeff Pinkner.

They are also joined by Iron Man's Art Marcum and Matt Holloway and Pacific Rim 2's Zak Penn. 

The fourth and most recent instalment in the Transformers franchise, Transformers: Age Of Extinction starring Mark Wahlberg, came out last year (2014) and became the second film in the series to gross over $1 billion worldwide. 

It was also nominated for seven Razzie awards, which salute "the worst that Hollywood has to offer."

Wahlberg has confirmed that he will return for the next film, which is expected to be released in summer 2017. However, director Michael Bay - who has helmed all four Transformers films to date - has said that he will not be returning to the director's chair.