The rumors about the Bumblebee spinoff might actually be true, if a new Den of Geek report is to be trusted.

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According to the report, Hasbro's Tom Warner has confirmed that the Transformers movie set to release in 2018 will be a Bumblebee spinoff.

The speculation about this spinoff was set off by Hasbro CEO Brian Goldner in May last year. Goldner spoke about the series at the Global Consumer Conference 2015 and TWF2005 reported from the event. The CEO spoke about how Age of Extinction was promising for them, and that development on the next instalments was underway.

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"Last year was Transformers 4. It was quite a good success for us last year" said Goldner. "We've begun to work with writers and we are now developing the Transformers [Cinematic] Universe beyond the first four movies. And we are continuing to have Television [programs] on the air with Cartoon Network where Transformers is performing quite well in the first quarter coming off of a movie year."

Goldner went on to dish about the nature of the direction they were taking with the franchise, and hinted at the possibility of a spin-off focussing on Bumblebee.

"As we go forward, we would imagine several more Transformers Movies," he said. "Not just in the current lineage but also spinoffs and focusing on certain key characters that a beloved by the world over. Many of you know Bumblebee; the yellow Camaro... formally known as a yellow VW Bug and he is a beloved character by kids all over the world. We could see stories told around Bumblebee and other characters. We are in a process of building the brand equity around the Comic Book Business, our TV Business, our Digital Gaming Business and adding to that our new movie business of Transformers."

Transformers 5 is is set to open in theaters in the US on June 23, 2017. Transformers 6 will follow on June 8, 2018.

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

Watch the trailer for Age of Extinction here:

Tags: Transformers 5 Movies