$21 Million Incentive Received By Transformers 5 In Order To Shoot In Detroit, Michael Bay Will No Longer Be Director after the 5th Installment!

Major portions from upcoming Michael Bay’s Transformers films will be filmed in Detroit during this summer. This has been announced by Paramount Pictures and Michigan State officials. The studio and state have further anticipated an expenditure of 80 million dollars and a project resulting in 850 cast and crew hires. 450 of them will be Michigan residents and it further equates to 228 full-time positions.

Meanwhile, the production also expects to hire 700 extras. Paramount will receive $@1million in state incentives for filming in Michigan. This took place under agreements entered into before the state legislature eliminated the film office incentive program in July. An interesting fact is that parts of the first, third and fourth movie also took place in Michigan.

In the meantime, Lee Rosenthal, president of physical production at Paramount Pictures, said, “Michigan has been so welcoming of Michael Bay and the ‘Transformers’ movies over the years and we are thrilled to be returning for this next incredible installment.”

The state further said that it has modified incentives from other approved Paramount Pictures projects into a single amended argument for Transformers 5.

Transformers 5 are directed by Michael Bay and it will star Mark Wahlberg, who will reprise his role as Cade Yeager. The film will release on 23rd June, 2017.

Jenell Leonard, commissioner of the Michigan Film & Digital Media Office, said, “Having one of the highest-profile film franchises created in Michigan is a major economic boost and a testament to the talent of the state’s production community.” “The production and economic investment is now happening sooner rather than later, and obviously, the project is a certainty rather than merely a possibility.”

With the film office, Paramount had multiple pre-approved applications which further represent a total of approximately $42 million available in eligible incentives. The state said that Transformers 5 takes half of the incentives that have already been allocated for Paramount Projects.

At the same time, the remaining $21million will be returned to the state general fund once the fiscal year ends. Viacom’s Comedy Central announced its “Detroiters” series would be filmed in Detroit during this summer and the news of Transformers 5 comes a month after that.

The TV show did not receive any incentive as noted by the State film office. They further added that the reps and the city of Detroit worked together in order to accommodate crews and budget for the purpose of television production.

The date for Transformers 6 has been slotted as well. It is expected to release on 8th June, 2018. It will be based on the Bumblebee character. Transformers 7 will release on28th June, 2019. The four movies in the franchise have been directed by him and it has further grossed a combined $3.7 billion worldwide.

Robert Kirkman, the Walking Dead creator talked in a recent interview with Creator and explained why he will no longer be a part of the franchise. Initially, he was a part of the team for Age of Extinction sequel but during the process, he had to leave very early. This happened even before the preliminary work began.

Kirkman further told Collider that he had to quit the job due to a throat surgery which took place a day before the team got to work. Earlier, it was expected that Kirkman was in for the long haul. It was expected that he would conceptualize the future, which includes prequels or sequels of the Transformers series, with the other writers.

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