Thursday, November 19, 2015

Paramount and Hasbro Moving Forward with New Transformers and G.I. Joe Films

An image from 2014's "Transformers: Age of Extinction" from Paramount Pictures (Photo by Industrial Light & Magic, Paramount Pictures and Hasbro).
LOS ANGELES - Paramount and the toymaker Hasbro have chosen Akiva Goldsman to head a writers room for the G.I. Joe franchise, the Transformers franchise and the Hasbro property "Micronauts" which is a series of interchangeable space-related toys. The move is part of its effort to move forward with plans for new movies of those franchises.

Goldsman will also supervise the fifth “Transformers” movie. Paramount is now negotiating with writers room members Art Marcum and Matt Holloway (“Iron Man”) along with Ken Nolan (“Black Hawk Down”) to write the script.

"G.I. Joe" which arose out of the famed Hasbro toy line, has spawned “G.I. Joe: Rise of the Cobra” which earned $678 million in 2009 and as well as that same year's “G.I. Joe: Retaliation.” which took in $375 million.

The studio says that the writers' room was developed as a way of creating new ideas for the franchises.

“Transformers,” also based on the toy line of the same name, premiered in 2007, and was then followed by 2009's “Transformers: Revenge of the Fallen," 2011's “Transformers: Dark of the Moon” and by “Transformers: Age of Extinction” in 2014.

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