Paramount announced Wednesday that it has removed next year’s planned “Transformers-2007-movie-posters/”>Transformers” installment from its release slate.The sequel to “Transformers: The Last Knight” had been scheduled for release on June 28, 2019.
The sole “Transformers” film now left on Paramount’s slate is the spinoff “Bumblebee,” which will hit theaters this Christmas.Last year, “The Last Knight” scored the lowest box office returns of any “Transformers” installment with $605 million worldwide against a $217 million production budget, including a franchise-low $130 million domestic cume.
The birth and rise of Michael Bay’s series based on the classic Hasbro toy line was one of the signature achievements of Paramount’s late former CEO Brad Grey, who passed away last year.Also Read: ‘Transformers: The Last Knight’ and ‘Fifty Shades Darker‘ Lead 2018 Razzie Award NominationsBut the decline of the once critic-proof series over the course of this decade has run parallel
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