Submit News Contact Us Translate Sign in Join

Paramount Extends Michael Bay Deal for Three More Years

Transformers News: Paramount Extends Michael Bay Deal for Three More Years

Thursday, July 31st, 2014 1:07PM CDT

Categories: Company News, Movie News, People News
Posted by: Va'al   Views: 39,546

Topic Options: View Discussion · Sign in or Join to reply

According to a new article in media website The Wrap, the deal between Paramount Pictures and director Michael Bay has been extended for another three years, and includes two of Bay's companies. This does not really come as a surprise, given the sheer amount of money even just Transformers: Age of Extinctions has made internationally. It also reinforces the idea that Bay will be directing the next installment in the movie series, of course - to find out more, head here, and check out a snippet below!

Paramount is keeping cash cow Michael Bay around for the long haul.

The studio announced on Thursday that the “Transformers” director had extended for three more years its first-look deal with Bay's production company, Platinum Dune, and added another of his companies, Bay Films, to the deal as well.

“With an ever-growing, worldwide fan base, Michael is truly one of the most inspired and beloved filmmakers of our time,” said Brad Grey, Paramount chairman and CEO. “We take great pride in the fact that Michael is part of the Paramount family and we look forward to growing our productive and successful partnership.”

[...]

“Over the years I have become part of the Paramount family,” Bay enthused in a press release. “There is a synergy there that feels different than any other place in Hollywood. From Brad Grey and Rob Moore, where my relationship goes back more than a decade, to my very good friend Adam Goodman, and to Philippe Dauman, who has put so much trust in me, and with the powerful marketing of Josh Greenstein and Megan Colligan, Paramount makes for a very comfortable place to work.”
Credit(s): The Wrap
Search Got Transformers News? Let us know here!
Re: Paramount Extends Michael Bay Deal for Three More Years (1595410)
Posted by Autobot_Benz on July 31st, 2014 @ 1:36pm CDT
I can already see the Bay-Haters crying their eyes out. 3 more years to ruin their childhoods :michaelbay: :michaelbay: :michaelbay: :michaelbay: :michaelbay: :michaelbay:
Re: Paramount Extends Michael Bay Deal for Three More Years (1595415)
Posted by Super Megatron on July 31st, 2014 @ 1:43pm CDT
At least he won't be making other garbage besides the pile he's already made. This IS good news.
Re: Paramount Extends Michael Bay Deal for Three More Years (1595421)
Posted by TulioDude on July 31st, 2014 @ 1:55pm CDT
Good to know that they are on good terms on each other,and that Bay is happy with working with them.
Re: Paramount Extends Michael Bay Deal for Three More Years (1595429)
Posted by rpetras on July 31st, 2014 @ 2:17pm CDT
I REALLY want them to turn over the GI Joe franchise to him.

I felt that was the property he should have had in the first place.

His proclivity for big explosions ( :michaelbay: ) and his overall good graces with the military would fit well with Joe.
Re: Paramount Extends Michael Bay Deal for Three More Years (1595431)
Posted by Flashpoint_82 on July 31st, 2014 @ 2:28pm CDT
Oh hell, please no more bayformers and stupid storylines. I mean Galvatron made by humans-absolutely no way !!!
What about UNICRON ? He trashed the whole story :BANG_HEAD: :BANG_HEAD: :BANG_HEAD: :BOOM:
Re: Paramount Extends Michael Bay Deal for Three More Years (1595436)
Posted by ZeroWolf on July 31st, 2014 @ 2:44pm CDT
This wasn't much of a surprise, now it makes sense to get Bay to finish this trilogy, then maybe hitting some sort of reset button and tell new stories, maybe even go the route of beast wars ;)
Re: Paramount Extends Michael Bay Deal for Three More Years (1595445)
Posted by OptimalOptimus2 on July 31st, 2014 @ 2:54pm CDT
NNNNNNNNNNNOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO!!!!!!!!!!!!!!!!!!!!!

We have been defeated.
Re: Paramount Extends Michael Bay Deal for Three More Years (1595452)
Posted by MGrotusque on July 31st, 2014 @ 3:03pm CDT
Autobot_Benz wrote:I can already see the Bay-Haters crying their eyes out. 3 more years to ruin their childhoods :michaelbay: :michaelbay: :michaelbay: :michaelbay: :michaelbay: :michaelbay:


It is true. I am one of them and alas i have given up on Transformers. Well....anything movie related anyways.

I think i'm gonna have a beer and pour a little out to my ruined childhood dreams of cool transformer movies. This is sad news indeed.
Re: Paramount Extends Michael Bay Deal for Three More Years (1595481)
Posted by Nemesis Primal on July 31st, 2014 @ 3:55pm CDT
ZeroWolf wrote:This wasn't much of a surprise, now it makes sense to get Bay to finish this trilogy, then maybe hitting some sort of reset button and tell new stories, maybe even go the route of beast wars ;)


Beast Wars had a small cast and strong characterization. I don't think Bay could manage that.
Re: Paramount Extends Michael Bay Deal for Three More Years (1595487)
Posted by ZeroWolf on July 31st, 2014 @ 4:03pm CDT
Nemesis Primal wrote:
ZeroWolf wrote:This wasn't much of a surprise, now it makes sense to get Bay to finish this trilogy, then maybe hitting some sort of reset button and tell new stories, maybe even go the route of beast wars ;)


Beast Wars had a small cast and strong characterization. I don't think Bay could manage that.


I was working with the assumption that there would be a change of directors.
Re: Paramount Extends Michael Bay Deal for Three More Years (1595491)
Posted by padfoo on July 31st, 2014 @ 4:09pm CDT
Autobot_Benz wrote:I can already see the Bay-Haters crying their eyes out. 3 more years to ruin their childhoods :michaelbay: :michaelbay: :michaelbay: :michaelbay: :michaelbay: :michaelbay:

No just three more years of really bad movies!
Re: Paramount Extends Michael Bay Deal for Three More Years (1595548)
Posted by DeadCaL on July 31st, 2014 @ 7:10pm CDT
Flashpoint_82 wrote:Oh hell, please no more bayformers and stupid storylines. I mean Galvatron made by humans-absolutely no way !!!
What about UNICRON ? He trashed the whole story :BANG_HEAD: :BANG_HEAD: :BANG_HEAD: :BOOM:

To be fair, he doesn't write the script. So they have to take the blame for the plot.

*Shudder* Next I'll be defending Ewe Boll ;)
Re: Paramount Extends Michael Bay Deal for Three More Years (1595563)
Posted by Megatron Wolf on July 31st, 2014 @ 7:39pm CDT
hurray 3 more years of IQs sharply dropping and franchises continuing to be run into the ground then blown up for no reason, at least he cant ruin franchises from other studios for a while. But this just shows the problem with studios like paramount, they care more about money than quality.
Re: Paramount Extends Michael Bay Deal for Three More Years (1595624)
Posted by SKYWARPED_128 on July 31st, 2014 @ 11:13pm CDT
Kind of knew the whole "leave it to a new director" statement was wishful thinking on Bay's part. Paramount would never take the risk of having a new director at the helm, not when Bay's proven to be virtually bullet-proof at the box office with his TF movies.

While you'd never say no to money, I think he's made enough to live in absolute luxury for the rest of his life. The other half of the reason he's staying is probably because TF movies are his most successful ones to date, and he's enamored by the impression of being "indispensable" to a franchise.

Either way, I can't say it surprises me.
Re: Paramount Extends Michael Bay Deal for Three More Years (1595697)
Posted by Grimlock64 on August 1st, 2014 @ 9:31am CDT
While I actually did like Age of Extinction, I would like to see another director take up the helm, just to see how they would do it.

I just like a bit of variety sometimes, nothing against Bay.
Re: Paramount Extends Michael Bay Deal for Three More Years (1595818)
Posted by TulioDude on August 1st, 2014 @ 9:15pm CDT
Grimlock64 wrote:While I actually did like Age of Extinction, I would like to see another director take up the helm, just to see how they would do it.

I just like a bit of variety sometimes, nothing against Bay.


A fair point.
Re: Paramount Extends Michael Bay Deal for Three More Years (1595857)
Posted by Va'al on August 2nd, 2014 @ 4:59am CDT
Huh, this was somewhat interesting, and I suppose mildly relevant: http://www.forbes.com/sites/elyseribbon ... ket-sales/
Re: Paramount Extends Michael Bay Deal for Three More Years (1595871)
Posted by Rodimus Prime on August 2nd, 2014 @ 7:36am CDT
Va'al wrote:Huh, this was somewhat interesting, and I suppose mildly relevant: http://www.forbes.com/sites/elyseribbon ... ket-sales/


And he does. he said so himself just recently. He knows people will pay to see his movies, especially the TF films, even if afterwards they trash it and him. And in the end, sadly that's how success is measured in show business anymore.
Re: Paramount Extends Michael Bay Deal for Three More Years (1595887)
Posted by chivesbot20 on August 2nd, 2014 @ 8:48am CDT
I'd love beast wars but in reality, mostly fans would flock to see it. A general audience might really want to see Magmatron and and optimus primal fight but no a giant mouse like rattrap. and it also depends on if he makes them look like an actual gottila or a cybertronion gorilla. TBH id rather have the cubertronion version in my opinion with the same color scheme. BUt i have already written out what characters i would want in each movie if there was a beast wars movie saga
Re: Paramount Extends Michael Bay Deal for Three More Years (1596022)
Posted by SKYWARPED_128 on August 2nd, 2014 @ 7:52pm CDT
Va'al wrote:Huh, this was somewhat interesting, and I suppose mildly relevant: http://www.forbes.com/sites/elyseribbon ... ket-sales/


Interesting read. Film-making is all a business, after all, and Bay knows what sells and how to sell it.
Re: Paramount Extends Michael Bay Deal for Three More Years (1596156)
Posted by OptimalOptimus2 on August 3rd, 2014 @ 10:27am CDT
I hope this is for the TMNT sequel. If not:
OptimalOptimus2 wrote:NNNNNNNNNNNOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO!!!!!!!!!!!!!!!!!!!!!

We have been defeated.

Yep.
Re: Paramount Extends Michael Bay Deal for Three More Years (1596585)
Posted by Mr_Autobot411 on August 4th, 2014 @ 6:15pm CDT
"Michael is truly one of the most inspired and beloved filmmakers of our time,”

EFF THAT!

and my name is Elvis Presley..............

:BANG_HEAD:
Re: Paramount Extends Michael Bay Deal for Three More Years (1596593)
Posted by ZeroWolf on August 4th, 2014 @ 6:35pm CDT
Mr_Autobot411 wrote:"Michael is truly one of the most inspired and beloved filmmakers of our time,"

EFF THAT!

and my name is Elvis Presley..............

:BANG_HEAD:

Well he has his fans, I mean come on, he's hardly the worst out there. Also looking back, we as fans owe him some thanks (the same as we owe thanks to everyone who was a part of the movies...even Shia...) afterall thanks to the movie more fans were created, and to be fair we did get some pretty awesome toys out of it :)
Re: Paramount Extends Michael Bay Deal for Three More Years (1596615)
Posted by Mr_Autobot411 on August 4th, 2014 @ 8:32pm CDT
:HEADHURTS: u can thank him dude!

i personally was disgusted with what he did with TF. I mean am i seriously supposed to think hes a good director cuz he made money?? come on! TF has one of the biggest built in fanbases since the 80s, these movies were gonna make money no matter what, he got lucky doing them........

As for the toys.......the movie toys were horrible expect for brawl and 07 leader prime and ROTF prime, the rest of the movie line was brutal! the AOE stuff is made with cheaper plastic and the leader figures are smaller but they expect us to pay 60 bucks(i live in canada)

its all about money to these morons thats it

if u can make a movie outta a guy dressed as a bat and make it as bad ass as the dark knight, then u can find another director that understands TFs and can make a seriously awesome movie, with characters u care about and have personalitys.....unlike the dinobots, ironhide, sideswipe, jazz, soundwave, shockwave and the list goes on, i loved those characters but in bays movies, they were basically nothing......
Re: Paramount Extends Michael Bay Deal for Three More Years (1596680)
Posted by ZeroWolf on August 5th, 2014 @ 6:41am CDT
Of course it's about the money to Hasbro and paramount, they wouldn't of spent the money to make it otherwise.

The script problems weren't bay's fault, so you can point your finger elsewhere (though he finished RotF script, but with the writer's strike on at the time, he kinda had to, lest the movie be pushed back which I highly doubt paramount would of wanted). Also Spielberg pitched the initial pitch of the TF movie (boy and his first car) so he shares some of your opinion on the movies.

So in your opinion there was only three good movie toys? There was tons, what about Wreckage? Skystalker and Mindwipe, Stockade, Bludgeon even Evasion mode prime from AoE along with the new Dinobots. Other people believe these toys to be fantastic. You can't make statements about things like this as if it was fact, there will be plenty of people wanting to jump on you otherwise.

My main point with my last post is simple hindsight. Transformers as a brand is far bigger since the film series started, there are more fans in the collectors and definitely more fans in the main target audience, kids. So, because of that Hasbro has provided us with fantastic toys and new things.

I...wasn't impressed with Nolans batman movies, yes he took out all of the campy stuff that plagued the last two movies but he grounded it too much. Some of the fun about batman is that he is more or less a human in a world that has gods, aliens, intergalactic policemen and supermen in it. There was no sign of that in Nolans movies, and Bales batman...no thanks. Heath Ledger was good at bringing out parts of the Joker, but Jack Nicholson/Mark Hamil are my favorite movie/animated Jokers. Rambled on a bit too much there but in a way it shows something. If Nolan did Transformers I wouldn't be interested. Thus Paramount and Hasbro wouldn't get my money, remember, they want the TF movies to have mass appeal, not to the fans but to the general public and you know what they say about pleasing everybody...

Okay that was...a bit longer then I thought it would be :P All I'm saying is you don't have to like the moviverse but you still owe them some thanks for the brand existing as it is now, besides the films will be rebooted within the next ten years or so:)
Re: Paramount Extends Michael Bay Deal for Three More Years (1596704)
Posted by RSDADDIMUS2 on August 5th, 2014 @ 9:14am CDT
I would love a Joss Whedon/Michael Bay team up for a Transformers movie. :BOWDOWN: :BOWDOWN: :DANCE: :DANCE:
Re: Paramount Extends Michael Bay Deal for Three More Years (1596813)
Posted by Autobot032 on August 5th, 2014 @ 4:42pm CDT
I don't know if Michael Bay is the most important director, but I'd say his contributions shouldn't be ignored. Some of his work has been groundbreaking, at least visually. He's gone places and done things other directors might not be willing to.

He's a risk taker, but he puts in the work and it pays off. If nothing else, at least respect the man on his work ethic. I don't know of any other director out there right now that works as hard as he does. Is all of his work agreeable and does it make everyone happy? No. That's fair, but his work should at least be respected on the level of effort put into it. Physical, mental, etc. He works himself, his crew and his casts to their breaking limit and never gives up until it's finished.

As for this year's contributions, as of right now, he's helped to save the US box office from complete and utter disaster. X-Men: DOFP and GOTG will have bigger domestic takes than AOE has, true, but if AOE had been a disaster, it probably would've pulled the rest of the year down with it. This is not the best year for movies, and even analysts have admitted that this is one of the worst in recent history for cinema. Part economy, part offerings, US audiences just aren't turning out like they have in past years.

Bay's usually pretty good about getting people's butts in the theaters. If nothing else, you have to give the guy credit for getting people to spend money, regardless of the content.
Re: Paramount Extends Michael Bay Deal for Three More Years (1597088)
Posted by chivesbot20 on August 6th, 2014 @ 2:42pm CDT
I was not impressed by far with the AOE towline. Fro me it ws because all of the interesting characters are in the kids toyline one step changers. And there has been no character that wasn't in the movie that was a toy. Also, there could be a lot of option. They could sell very color trax, lockdown henchmen,lockdowns ship,steel jaws and so on. Anyway I don't think he is the most important director, but I think he should get credit for what he has done.
Re: Paramount Extends Michael Bay Deal for Three More Years (1597142)
Posted by Sub-Prime on August 6th, 2014 @ 7:33pm CDT
I care more for Bay as a Action director so yes I would say he is important to the Action genre in Hollywood. No other director can come up with more grandiose set pieces and all kinds of action combine. See the only problem is Bay needs a really good screenwriter to go with his expertise.
Re: Paramount Extends Michael Bay Deal for Three More Years (1597911)
Posted by Rodimus Prime on August 9th, 2014 @ 6:45am CDT
Sub-Prime wrote:See the only problem is Bay needs a really good screenwriter to go with his expertise.


Image

This is what I've been saying since 2007. Bay does well with what he knows how. Action. But if there's no good story backing it up, it's no use. Orci and Kurtzman are hacks, and Kruger is only slightly better.
Transformers Podcast: Twincast / Podcast #102 - Hidden Mickeys
Twincast / Podcast #102:
"Hidden Mickeys"
MP3 · iTunes · RSS · View · Discuss · Ask
Posted: Sunday, October 5th, 2014