You'll be hard-pressed to find many people who actually liked 'Transformers: Age of Extinction.' But unlike the previous three movies in this franchise, the box office actually reflected that. With the film currently struggling to hit $250 million at the domestic box office (despite doing great numbers overseas), it isn't that surprising that director Michael Bay is jumping ship on 'Transformers 5'.
We've been hearing buzz about some of Paramount's major plans for a while now, but the studio finally confirmed their 2016 release line-up recently at CineEurope (the European version of CinemaCon, a major theater convention), and included on the list are lots of sequels, like 'Beverly Hills Cop 4,' 'Transformers 5,' and -- wait, what's this? -- 'Paranormal Activity 5,' which has been bumped back once again.