Paramount to Possibly Shoot Transformers 5 in UK and Iceland

stingerstrike77 wrote:Where in the UK will transformers 5 film

Director Michael Bay’s “Transformers 5″ will shoot this summer in Detroit, the Michigan Film & Digital Media Office announced today.

The news comes as a result of a restructured incentive agreement with Paramount Pictures that will save the state $21 million.

The big-budget sequel is expected to inject $80 million into the Michigan economy and hire 850 cast and crew members, 450 of which will be state residents. In addition, about 700 extras will be needed.

Stuartmaximus wrote:DR Va'al

didn't know that you had gained a doctorate

Transformers 5, directed by Michael Bay and starring Mark Wahlberg and Peter Cullen, is expected to film in part at the Michigan Motion Picture Studios in Pontiac beginning this summer, along with several other locations across the state.

“They have filmed several Transformers productions (at the Michigan Motion Picture Studios) in the past, and I expect they would utilize some of the same locations,” says Jenell Leonard, commissioner of the Michigan Film and Digital Media Office, formerly the Michigan Film Office. “However, all production locations are tentative and fluid.”

Leonard says the film’s production will use Paramount Pictures’ last planned Michigan tax credit funds. She says even though the film tax incentive was cut last July, the state must honor existing deals with studios, like a multi-project agreement with Paramount.

She says Paramount offered to return half of a $42 million planned tax credit that was allotted for multiple films to the state. Doing so allowed the studio to allocate the other $21 million exclusively to Transformers 5.

“Paramount came to the table and said if they could apply half of their encumbered incentive dollars to Transformers, they would be willing to give the other half of the $21 million dollars back to the state,” Leonard says.

Michigan’s film tax credit program took the form of reimbursements awarded after filming was complete.

Leonard expects that production on Transformers 5 will start in the summer and will end in the fall. Transformers 5 will be the fourth film in the series shot in Michigan, joining the original 2007 film as well as Transformers: Dark of the Moon and last year’s Age of Extinction. In Age of Extinction, Paramount created a set in downtown Detroit on the site of the former Statler Hotel that was designed to look like Hong Kong.

Studios must prove they are spending their dollars in Michigan and hiring Michiganders in an independent audit conducted before filming, and be in regular communications with the Michigan Film and Digital Media Office.

Studios are required to hire Michigan residents and out-of-towners at a 1:1 ratio. Leonard says the Transformers 5 shoot will create around 228 full-time job equivalents.

“Studios submit a line-item budget with how many hires they would have and submit the script for review,“ Leonard says. “We base the incentive they would be eligible for off that application process.”

Stuartmaximus wrote:Uwe's right! he would do a far better job

Stuartmaximus wrote:now now! his Rampage movies were actually pretty good

but he certainly couldn't do worse than Bay! with Transformers. & YES! of course it's never gonna happen! but i wouldn't say no to seeing what a Transformers movie directed by Uwe Boll would look like, by comparison.