The much-awaited sequel to last year hit "Transformers: Age of Extinction" is slated to hit the theatres in 2017.
Brian Goldner, CEO of toy company Hasbro, which is the owner of the Transformers brand, confirmed the news during a 2015 Q1 Earnings Conference Call, reported Aceshowbiz.
He also shared Akiva Goldsman is tapped to develop multi-sequels and spin-offs that share universe with the existing "Transformers" movies.
"Our plan with the studio and filmmakers you may have heard some writers being hired and we have in fact brought in Akiva Goldsman to lead a group of writers to really create a strategic plan around Transformers.
"We think there are any number of stories to be told from the brand that has been around for 30 years with amazing canon and mythology. We would expect the sequel to the Transformers movie (TF4) to happen in 2017," he said.
"Transformers: Age of Extinction" released with Mark Wahlberg as a new male lead, replacing Shia LaBeouf. It became the first film in 2014 to hit USD 1 billion mark despite little critical praise.
The "Ted 2" actor is expected to reprise his role for "Transformers 5".
