Bay is in final negotiations with Paramount Pictures to come back as the helmer for the next 'Transformers' film, which is expected to begin shooting after the director wraps 'Pain and Gain'.
The long-running question about whether or not Michael Bay would return to direct "Transformers 4" is close to get the answer. According to Vulture, it is highly likely that Bay will return to helm the next autobot war film since he's currently in final negotiations with Paramount Pictures to tackle the duty.
While Bay has not officially signed up, it is said that the studio believes it will happen soon and the announcement could be released as early as next week. Should the deal be sealed, the "Transformers" helmer is expected to shoot the fourth film in the winter of 2012, just after he shoots his passion project "Pain and Gain" next spring.
An insider said, "[Steven] Spielberg does this all the time, where you're doing art development and visual effects tests on your next movie while you're still shooting the current one. The beauty of Michael doing 'Pain and Gain' is that there's no [technical] complexity to it compared to 'Transformers'."
Details of "Transformers 4" are still kept under a very tight wrap. However, it is reported that the forthcoming movie will not be a prequel and it will "delve deeper into 'Transformers' canon to mine older characters and lore." The insider added, "Regular people might not care about bringing out a character like Sentinel Prime. But believe me, fans of the series cared."
Bay is currently busy working on his low-budget dramedy "Pain and Gain". He has been eyeing Dwayne "The Rock" Johnson and Mark Wahlberg to star in the $20 million movie, which follows two bodybuilders who get caught up in an extortion ring and a kidnapping scheme that goes terribly wrong.