'Transformers' Movie Franchise to Get Rebooted After 'Bumblebee'

Hasbro announces that the 'Transformers' live-action film series will be 'reset' by a new team at Paramount following the release of the 'Bumblebee' spin-off film.

AceShowbiz - The current "Transformers" film franchise will be getting a reboot, a new report suggests. According to Transformer World 2005, Hasbro has announced that the "Transformers" live-action film series will be "reset" by a new team at Paramount following the release of its "Bumblebee" spin-off film.

The company reportedly made the announcement during Friday's (February 16) Toy Fair 2018 Hasbro Investor Preview, where it was revealed that the planned sixth installment of the main "Transformers" film series had been pulled from Hasbro and Paramount's slate of upcoming projects.

It is said that the new agreement between Hasbro and Paramount will grant the toy company greater creative control of their content and greenlighting new projects. Hasbro will reportedly spend between $100-$125 million on film and television content throughout this year.

Furthermore, there are currently no live-action "Transformers" projects listed on the slate of upcoming films, which runs through to 2021. It's unclear if its Paramount/Hasbro Event Film scheduled for 2021 is the said reboot of the "Transformers" franchise.

Paramount has yet to publicly announce the supposed reboot of the "Transformers" cinematic universe. The studio is currently gearing up for the release of the "Bumblebee" spin-off movie, the first film in the franchise not to be directed by Michael Bay, though he will still serve as producer.

Directed by Travis Knight, who made his directorial debut with 2016's "Kubo and the Two Strings", and written by Christina Hodson ("Shut In"), the film is due out in theaters across the nation later this year, on December 21.

Set twenty years before the events of the first film, in 1987, the film follows Bumblebee as he takes refuge in a small California beach town junkyard. A teenage girl learns that it is no ordinary Volkswagen Beetle.

%cHailee Steinfeld% stars as Charlie Watson, the teenage girl who discovers the yellow Autobot scout in his vehicle form. %cJohn Cena% has been added to the cast as Burns, an agent of Sector 7. Other supporting cast members include %cJorge Lendeborg Jr.%, %cJason Drucker%, %cAbby Quinn%, %cPamela Adlon%, %cRicardo Hoyos%, %cGracie Dzienny% and %cJohn Ortiz%.

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