BREAKING NEWS!!! Transformers 3 HAS BEEN CONFIRMED!!

I knew it, I knew it, I knew it!! Transformers is coming back for a third installment AND.....wait for it...Michael Bay is coming back to shoot the third film (He announced this on Thursday). The new Transformers film is set to showcase in theaters exactly one year to July 1, 2011.

Stars Shia LaBeouf and Megan Fox are slated to return to the Paramount/DreamWorks project, as is Ehren Kruger, the co-writer of this year's hit sequel Transformers: Revenge of the Fallen.

Bay wrote on his Web site that he met with George Lucas' ILM effects house in San Francisco Thursday morning, and then flew with Kruger to talk new characters with Hasbro executives in Rhode Island. "Well, it's official: We have a great 'Transformers 3' story," Bay said on his Web site. "Today is Day One."

I knew that it was not going to let another opportunity pass by to make billions of dollars! The first two were just too good for Bay to let go and pass on to someone else. He is the man for the job no doubt about it. I am excited about the third installment and will be patiently waiting!!

*Seems like it will be a GRAND year for Paramount/Dreamworks in 2011...Paramount's summer 2011 is shaping up to have four tentpoles: Marvel features Thor and First Avenger: Captain America bow May 20 and July 22, respectively. And the DreamWorks Animation sequel Kung Fu Panda: The Kaboom of Doom hits theaters June 3.

Bad Boys 3 is Planned...But No Smith or Lawrence yet...

I had always enjoyed the Bad Boys series so when I heard the news of a possible third installment, I kinda got a little excited. And notice I say a little because director Michael Bay, producer Jerry Bruckheimer and stars Will Smith and Martin Lawrence have not yet confirmed. And when it boils down all four of them are the key elements to making another successful Bad Boys film!

All parties have expressed a willingness to return if a story can be hammered out, according to The Hollywood Reporter.

The first "Boys," released in 1995, helped launch Bay as a director and Smith as an action star. Even though it was not considered a blockbuster, it grossed $66 million domestically and $141 million worldwide. The sequel, released in 2003 when Bay and Smith's stars had risen, grossed $138 million domestically and $273 million worldwide.

*By: EURweb.com (via blackamericaweb.com)