Every Since Michael Bay Directed the Debut Transformers film in 2007, the franchise has been a blockbuster cash cow. The last installment Transformers: Age of Extinction brought in the most money with $1billion worldwide. Hasbro Studios President Stephen J. Davis has announced that a fifth,sixth,seventh, & eighth movie are in the works. These movie should span across the next decade or so. Michael Bay has not officially signed on to do the next film as of yet.