Stephen J. Davis, President of Hasbro Studios and Entertainment, was the keynote speaker at the MIP Junior Conference 2015 and he gave away some pretty exciting information about the development of the Transformers sequels.

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Davis revealed that the writers came up with enough material for four more sequels to Age of Extinction. He also added that this one's for the long haul, and the writers had plotted out the next ten years for the franchise.

"You're going to see a new Transformers movie coming from Hasbro and Paramount and Michael Bay and our other partners," Davis said. "In fact, we just finished -- as some of you may have read -- an incredible experience. We decided we wanted to plot out the next 10 years of the Transformers franchise, so we got together in a 3 month period of time...nine of some of the most creative writers I have ever worked with -- shepherded by Akiva Goldsman, who many of you may know won an Academy Award for A Beautiful Mind, and written a bunch of great movies. And they plotted out the next ten years of Transformers. Similarly we are doing the same in television and digital. So stay tuned Transformers 5 is on its way. ...And 6 and 7 and 8."

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The writing team that was led by Akiva Goldsman, featured Christina Hodson (The Fugitive), Lindsey Beer (Dig), Zak Penn (The Incredible Hulk), Jeff Pinker (Lost), Art Marcum and Matt Holloway (Iron Man), Robert Kirkman (The Walking Dead), Andrew Barrer and Gabriel Ferrari (Ant-Man), Ken Nolan (Black Hawk Down) and Geneva Robertson-Dworet.

Watch Davis' keynote address at the conference: