Sans writer, director, or cast, Paramount and Dreamworks have secured July 1, 2011 as the date for Transformers 3, the third (and final?) chapter in the franchise. Scared another studio would snatch up the coveted holiday weekend slot, studio execs are betting Transformers: Revenge of The Fallen will be well enough received by audiences to warrant a third picture. This move also puts the Autobots and Decepticons squarely between the tag team of Spider-man 4 (May 6) & Thor (June 16) and Captain America (July 22), ensuring a Mighty Marvel Summer. (Marvel Comics’ Transformers ran for 80 issues between 1984-91).

UPDATE: Somebody’s gonna get fired. Director Michael Bay responded to the news of a Transformers triquel in 2011 on his blog… “Paramount made a mistake. They asked me on the phone and I said yes to July 4… but for 2012. Not 2011! That would mean I would have to start prep in September. No way. My brain needs a break from fighting robots.”

Source: Variety.com