Transformers: Two new films are now in development

HOLLYWOOD, CALIFORNIA - DECEMBER 09: Atmosphere at the Premiere Of Paramount Pictures' "Bumblebee" on December 09, 2018 in Hollywood, California. (Photo by Presley Ann/Getty Images)
HOLLYWOOD, CALIFORNIA - DECEMBER 09: Atmosphere at the Premiere Of Paramount Pictures' "Bumblebee" on December 09, 2018 in Hollywood, California. (Photo by Presley Ann/Getty Images) /
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It seems like the Transformers franchise is about to get a resurgence, with two separate films now in the works.

Travis Knight’s soft reboot/prequel film, Bumblebee, received more favorable reviews in comparison to Michael Bay’s films. And despite being the lowest-grossing installment in the Transformers franchise, it made the state of the Hasbro franchise much healthier.

Variety reports that Paramount Pictures seek to revamp the Transformers franchise, as sources close to the trade have stated that two coexisting scripts are currently in “active development.” One script is from James Vanderbilt and the other is being penned by Joby Harold.

Before diving into any more details on the respective screenwriters, please note that both scripts are extremely vague, but they would open the door for a slew of varied storylines in the franchise. No directors are attached, but expect both projects to feature brand-new casts.

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Some moviegoers may be familiar with both Vanderbilt and Harold. Vanderbilt most recently wrote and produced the Netflix comedy Murder Mystery and produced the horror flick Ready or Not for FOX Searchlight, but he is better known for penning The Amazing Spider-Man series with Andrew Garfield.

Harold – a British writer and producer in his own right – runs his Safehouse Pictures label with producing partner Tory Tunnell and executive produced John Wick: Chapter 3 – Parabellum. He also co-wrote the screenplay for King Arthur: Legend of the Sword and handed in a draft for Andy Muschietti’s The Flash.

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Paramount seems keen enough to push the Hasbro IP since it has proved in becoming a valuable asset not unlike the Mission Impossible franchise. Since the original Transformers was released in 2007, it’s become a multi-billion dollar commodity, with director Michael Bay handling each entry aside from Bumblebee. Transformers: The Last Knight, the fifth and final entry for Bay earned $605 million against a $217 million production budget.