The fact that Transformers 5 will be the last movie Michael Bay will be directing in the franchise is going to have pretty enormous repercussions.

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This in essence means that the movies might look very different after the Age of Extinction sequel. Bay has helmed the series ever since it kicked off, to imagine it in the hands of another director would mean a drastic change, and while fans might be anxious to see what direction the movies head in, this could also be an exciting move.

As we already know, it's a long way to go before the Transformers series comes to an end.

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In an interview, Hasbro's president, Stephen J. Davis, recently confirmed that four more sequels have been planned for the series, and they will span over a decade.

"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."

As it might be a while before we find out who is going to be taking control of the franchise Transformers 6 onwards, we will wait with anticipated breath.

Transformers: Age of Extinction hit theaters on June 27, 2014.