Washington (ANI): With Transformers grossing nearly 700
million dollars worldwide, bosses at Paramount and DreamWorks plan
to have a sequel of the movie out on June 29, 2009. The studios
also hope to have original director Michael Bay signing up to helm
However, while the studios are extremely eager to have the movie
ready and in theatres in 2009, they are still saying that the
project is not a done deal as yet. According to insiders, this is
due to ongoing battle of wills between DreamWorks' David Geffen and
Steven Spielberg and leadership at Paramount conglom Viacom.
"Transformers" was a passion project for Spielberg, who took an
exec producer credit on the pic, with DreamWorks developing the
project and taking the creative lead after partnering with
Paramount – before the studio bought DreamWorks.
Spielberg was also the one who brought Bay aboard to direct and
LaBeouf to star. He's expected to be involved in the sequel. Bay is
in the final stages of negotiation, and once he signs on, LaBeouf
is expected to return as well, reports Variety.