Paramount Developing Hires Director For Another Transformers Film

Another Transformers film is in the works from Paramount. Deadline is reporting that Angel Manuel Soto (Charm City King) and been hired to direct a film based on script from Marco Ramirez (Daredevil, The Defenders). The film is expected to be a standalone not tied into the Bay-verse version of films. Considering Soto also signed on to direct DC Comics Blue Beetle movie, that would suggest this film is at least 2 years away. 

This film would join the Transformers 7 or Transformers: Beast Alliance film from Steven Caple Jr (Creed 2) that is now rumored to maybe start filming this summer in Canada. Its also rumored to have a $200 million budget which makes me doubt their sources as still no clue if theaters will recover making spending that kind of money unlikely, especially after Bumblebee movie proved its not necessary. Also keep in mind there is a rumored origin animated movie that may or may not be coming but I can't help but wonder if those plans evolved to become War for Cybertron on Netflix.