Date: 28th January 2020
Paramount Pictures is looking to revamp its "Transformers" franchise in a big way, as sources say that two simultaneous scripts are now in active development: one by James Vanderbilt and one by Joby Harold.
Vanderbilt most recently served as writer and producer on Netflix's Murder Mystery, starring Adam Sandler and Jennifer Aniston. He also produced the thoroughly excellent horror comedy Ready or Not. Meanwhile, Harold was a producer on the similarly awesome John Wick: Chapter 3 – Parabellum and wrote the upcoming Zack Snyder film Army of the Dead.
Paramount's most recent take on the franchise was 2018's "Bumblebee", a coming-of-age tale that was produced on a smaller budget than other "Transformers" films. That different approach went over well with both critics and audiences, grossing $465 million worldwide and opening up a new opportunity to continue the franchise, with the studio now expanding the "Transformers" universe with the development of two scripts.
Details behind both scripts are still vague, but sources say they present an opportunity build out multiple storylines within the franchise.
Source: Press Release