The biggest surprise to this is that it was announced before Bumblebee: The Movie
was even released. Hasbro CEO Brian Goldner
announced today that the Transformers Cinematic Universe is cancelled. The universe - which Paramount had so much faith in that they took four to five of the prospective scripts and put them in a blender to make Transformers: The Last Knight
- will be replaced by what is described as a 'reset' of the Transformers franchise to happen no earlier than 2021 going by the film schedule offered to investors. Keep reading for more details. Via 2005:
New agreement with Paramount will have Hasbro having greater control of the movies including greenlighting the movie projects.
New Paramount team will RESET the future direction for Transformers after Bumblebee: The Movie.
The 2019 Transformers Movie (sequel to Transformers: The Last Knight) is no longer listed. No Transformers movie listed for the foreseeable future (2021).
Bumblebee: The Movie trailer or sizzle reel made its debut to the investors at the event. Unfortunately we were not able to see it.
$100-$125 Million will be spent by Hasbro for Film and TV content in 2018.
This greater control for Hasbro is a wise move for a company trying to remold itself as an owner of valuable ideas. Whether they can get anywhere with the GI Joe, Micronauts,
and Dungeons and Dragons
films between now and the next TF film's earliest possible launch window of 2021 remains to be seen though, as two of those properties have performed less than spectacularly at cinemas before, and the third is a `70s toy property that is a bit outside the usual nostalgia window. The future is uncertain, to say the least.
We've removed the word "Reboot" from this article as it's not the word used by Goldner earlier today. The word he used is "reset," which may not indicate a starting from scratch so much as a mere change in direction. It's difficult to say what the next Transformers film may look like. With Hasbro taking greater control of their films and Micronauts
still on the schedule along with another GI Joe film, it's entirely possible that Hasbro could push for an all-inclusive, IDW-style Hasbroverse. We have no real, concrete indication this will be the case; it's just a possibility we raise, keeping in mind a promotional image of Optimus Prime holding the Micronauts from a previous investor communique.
The future of Transformers films, at the moment, is entirely unknown.