According to Hasbro CEO Brian Goldner, the toy company is now in talks with Paramount to develop Transformers 4, with the hopes that an announcement can be shared in the next quarter.
The Hollywood Reporter claims that Hasbro is also talking to director Michael Bay and executive producer Steven Spielberg about returning for the sequel. From the sound of it, both men are still actively involved in getting the project up and running with Paramount.
Hasbro is also working to develop its other properties as well. Reportedly, projects like Stretch Armstrong and Candyland are still a go, with Battleship scheduled for release next year.
Regarding the recently dropped adaptation of Ouija, Hasbro remains hopeful after the project's recent budget restructuring. With the script already penned and polished, the film could be signed with a new studio very soon.
As for Hasbro's other misfit toys like Clue and Monopoly, which were dropped by Universal around the same time as Ouija, there's still no word. When asked if the company would ever consider going out on their own to develop their projects, Goldner replied, "No, we would not employ... a Marvel strategy."
Update: Variety is now reporting that not only is another film being planned, but the studio is considering shooting a fourth and fifth installment back-to-back.
"Nothing is set in stone, but screenwriter Ehren Kruger is said to have an idea for the next installments that the studio is high on, and has only begun engaging with writers," says the trade.
Shia LaBeouf will not be back, but those rumors about Jason Statham taking over the franchise? The action star is being considered. And according to Variety, Bay very well might be directing these films as well (and not just exec-producing), despite all his past talk about being done after three.
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