Hasbro chief Steven J Davis announced during a Q&A at Mipcom that "Transformers" 5, 6, 7 and 8 were in the works, reported Ace Showbiz.
"You're going to see a new Transformers movie coming from Hasbro and Paramount and Michael Bay and our other partners," Steven said.
"In fact, we just finished, as some of you may have read, just an incredible experience. We decided that we wanted to plot out the next 10 years of the Transformers franchise, so we got together in a room over a three-month period of time."
"And they plotted out the next 10 years of Transformers. Similarly, we are doing the same in television and in digital. So stay tuned, 'Transformers 5' is on its way, and 6 and 7 and 8."
Back in September, Bay confirmed that he's in talks to direct "Transformers 5" but the deal wasn't official yet.
Akiva Goldsman is writing with "Ant-Man" writers Andrew Barrer and Gabriel Ferrari, "Black Hawk Down" scribe Ken Nolan, Christina Hodson and Lindsey Beer, "The Walking Dead" creator Robert Kirkman, "Iron Man" writers Art Marcum and Matt Holloway, "Pacific Rim 2" writer Zak Penn, "The Amazing Spider-Man 2" writer Jeff Pinkner, "Daredevil" showrunner Steven DeKnight, and Geneva Robertson-Dworet.