Michael Bay Signs On To Direct Fourth ‘Transformers’ Movie

The fourth installment of the Transformers franchise is due in theaters June 29, 2012

Michael Bay has signed on to direct the fourth installment in his Transformers franchise. Paramount Pictures announced that the next Transformers will be a new take since star Shia LaBeouf announced  last summer that he would not return for a fourth movie.

The Transformers sequel is part of a two-picture deal for Bay at Paramount. First, he’ll direct Mark Wahlberg and Dwayne Johnson in the crime tale Pain and Gain, based on a true story about Florida bodybuilders involved in extortion, kidnapping and murder.

The third Transformers movie based on the Hasbro toy line, Transformers: Dark of the Moon, came out last summer and took in $1.1 billion worldwide. The next chapter in the blockbuster sci-fi series is due in theaters June 29, 2014.