The upcoming movie "Transformers" will be presented on June 29, 2014

The fourth film in the franchise for Paramount, "Transformers" will be released June 29, 2014. This was announced by director Michael Bay, on Monday on its website. Seeing the success that the three previous films had expected a fourth installment but did not expect as accurate a date.

The third installment of the franchise, "Transformers: Dark of the Moon", was released last summer in 3D and grossed a total of $ 1,1 billion worldwide. Bay will direct the fourth film based on the Hasbro toy line. In addition, returning producers Lorenzo di Bonaventura, Don Murphy, Tom DeSanto, Ian Bryce. Steven Spielberg, Bay, Brian Goldner and Mark Vahradian will executive produce the new consignment.

Di Bonaventura told MTV News that the film would be a "reboot" the franchise and that none of the actors from the original three movies were hired for this new project but not sure. It is likely that he and Michael Bay created some new characters for the film, according to Di Bonaventura.

"It’s a hybrid because there’s still continuity going on, and there will be a lot of new cast," he said. "Whether there’s anybody from the first cast, we don’t even know yet. But it’s going to be a whole new story." 

Michael Bay has also signed a contract for two films with Paramount. His first project is a film about the bodybuilder Wahlberg to be entitled "Pain and Gain". Next, he will work on the movie "Transformers". 

"Pain and Gain" is based on a true story and focuses on a group of bodybuilders who are involved in a campaign of kidnappings and murders in Florida. The film also will star actor, and WWE wrestler, Dwayne Johnson. It expects to begin production in early spring. Michael Bay, Donald De Line will produce and Bryce. 

"Michael has been working on Pain and Gain for a number of years but has patiently waited for the perfect casting to trigger a start," said Adam Goodman, president of Paramount Film Group, in a statement. "Clearly his patience has paid off as we couldn't be more excited about this combo. His passion for this project is just awesome."