Paramount Pictures and Hasbro are planning to shoot Tranformers 4 & 5 back to back, with Jason Statham rumoured to replace Shia LaBeouf.

Talks are currently underway with director Michael Bay and executive producer Steven Spielberg to film two Transformers movies, thanks to the $1 billion dollar worldwide haul of the much maligned Transformers: Dark of the Moon.

Shia LaBeouf, however will not return to the series, with British action star Jason Statham expected to replace him, although no offer has been made.

Screenwriter Ehren Kruger is said to have an idea for the next instalments. However, nothing has been set in stone.

Source: Variety