Whatever you may have thought of "Transformers: Revenge of the Fallen" after the fact, it did really well this summer. "Really well" in this case means more than $800 million in worldwide box office grosses. It's one of those summer blockbusters where you pretty much know for a fact after opening weekend receipts have been counted that a sequel will be coming at some point.

Today, thanks to Michael Bay's web-based mouthpiece shoot for the edit, we have confirmation. The director confirmed: "We have a great 'Transformers 3' story. The release date is now July 1, 2011. Not 2012." Oh, but there's more. Bay also confirmed that Ms. Megan Fox will return as well. Read more...

Michael Bay may be going a step further than merely taking "a year off" between directing "Transformers: Revenge of the Fallen" and "Transformers 3." The Hollywood action and explosion guru told MTV News previously that he wanted to take a break following this year's blockbuster to focus on a "small movie," but those ambitions appear to have spurred a complete departure from the franchise, leaving an open chair for the series' next director.

"After the three and a half years I've spent making these movies, I feel like I've had enough of the Transformers world," Bay told WENN. "I need to do something totally divergent, something without any explosions." Read more...

He’s known for making the biggest movies in the world, awesome spectacles of big-budget, bombast, and blown-up stuff. Now, Michael Bay wants to take a break between “Transformers” sequels to make – a small, personal film?

“I would like to take a year off,” Bay explained to us recently, tempering expectations of a “Transformers 3” production by saying he wants to get away from outer-space robots and focus on humans for a while. “I might do a small movie in-between.” Read more...