The Transformers franchise may be in jeopardy after the untitled seventh chronological installment, dubbed Transformers 7, was noticed to have been removed from the production slate.
According to a new report from fan-website TFW2005 on the weekend, Hasbro revealed during the annual Toy Fair 2018 Hasbro Investor Preview that it has signed a new agreement with Paramount Pictures. The toymaker will now have greater control on the movies, which includes the power to pass or reject potential projects.
Most importantly, the Transformers franchise will undergo a complete reboot after the spinoff Bumblebee: The Movie releases later this year. Transformers 7 was supposed to open in theaters sometime next year but an updated movie schedule makes no mention of it or any other release for the foreseeable future until 2021.
Transformers: The Last Knight (2017) was the last installment to be released and received disappointing reactions from the audience. It is also the worst-reviewed installment among all releases so far. The journey for the franchise has more or less been taking a downwards path, following the warming inception with Transformers (2007) and leading through Transformers: Dark of the Moon (2011) and Transformers: Age of Extinction (2014).
There are no details on how the reboot process will affect the cinematic universe and if the next installment, whenever it arrives, will pick up from where the last one left off.
Bumblebee: The Movie, directed by Travis Knight, will premiere on December 21 be an origin story for the fan-favorite Transformer. After finding refuge in a junkyard in California, Bumblebee will be discovered by Charlie Watson (Hailee Steinfeld) and hence, will begin an adventure of repairing and protecting the battered car-transforming alien.