Mission Impossible 3 bumps Transformers Movie

Based on the "robots in disguise," the live-action Transformers movie will be directed by Michael Bay (Armageddon) whilst Steven Spielberg will act as executive producer.  In 1984, the Transformers brand took the world by storm with its compelling saga of the "Robots in Disguise," and quickly became a childhood rite of passage with a tremendously successful toy line from Hasbro and Takara, comic book series, television program and animated feature film.

Twenty years later, a new generation of kids has discovered the excitement of the Transformers brand and the legendary characters, such as Optimus Prime and Megatron, that truly are "more than meets the eye."

Transformers is being scheduled for release from Paramount and Dreamworks.