Michael Bay has stopped by his Shoot for the Edit forums to provide an update on the recent rumor that he was on the verge of signing on for Transformers 4. As expected, the status quo has not changed. He writes:
Right now I'm not decided on Transformers 4He didn't address the nonsense about his next film Pain and Gain being used as leverage to force him to sign on to Transformers 4 but Transformers 4 remains in limbo until Michael Bay makes a directing decision. The amount of money Bay stands to gain (probably $100+ million) would be very hard to turn down. I am guessing he will see how Pain and Gains goes and if it recharges his batteries for another two years of blockbuster prep after living the Transformers universe for about six straight years. The question is will Paramount and Hasbro wait for him to decide or try to force a decision by year's end. In the end I think that if Bay signs on Transformers 4 will be a continuation of the current movie universe. If he passes, the franchise will be rebooted.
Studio's are passing rumors but I'm not sure what I'm doing? I know I'm going to do Pain and Gain early spring but that's it for right now. I'm leaving all my options on the table. I've got several Studio meetings in the next two weeks.