“Hasbro specifically stated that a new team at Paramount will reset the Transformers Live Action Movie Series following the release of Bumblebee: The Movie.”
Paramount and Hasbro also have an untitled event film slated for 2021, which could very well be this Transformers reboot.
The Transformers franchise has never been critically beloved, but many fans around the world were on board for these movies, until last year’s Transformers: The Last Knight, which dramatically underperformed at the box office.
Bumblebee: The Movie is set for release on December 21 and, assuming this pans out, will be the last movie in the current Transformers continuity.