Superhero Hype brings word that a fourth installment in the CGI spectacular that is the live action Transformers movies is allegedly in the works for 2014. Producer Lorenzo di Bonaventura at an event for G.I. Joe Retaliation stated:

We’ll be there in the summer of 2014

He also commented on how they can possibly follow on from the ending of Dark of the Moon, which left several major characters on the scrapheap – namely, it will be a partial reboot / sidestory, which is its own entity but set in the same universe:

“Again, we’re going to try to do a hybrid there where there will be some characters that come forward–we think, we’re still in the process of figuring it out–and some characters that don’t, but it will definitely be a different story.”

Update: More info pouring-in thanks to various sources. Michael Bay Is Returning.

“Yeah Michael’s gonna direct and it’ll be releasing in the summer of 2014. We’re excited and I think the challenge there is we really are gonna do a reboot, and what that’s gonna be we don’t even know yet.” “But the truth is, it’s gonna be a whole new story. The characters that would certainly come along would beI’m sure.”

Thanks to MTV we have a video of the interview. But the video is region locked. Check the video after the break.

Update 2: Director Michael Bay commented on the situation.

“To clarify uninformed reports coming out of Toy Fair – Steven Spielberg and I are working on a, the fourth installment. We have been working on the idea for a few months. I’m excited about where it’s headed. But first I’m doing a small $20 million dollar edgy black comedy of a true crime story set in Miami called “Pain and Gain,” staring Mark Wahlberg and Dwanye Johnson, and very close to signing on a couple other great actors. I’m extremely excited to simplify my film career this spring with a great character piece.

That starts filming at the end of March. I might then jump onto a very cool television show my company Platinum Dunes is selling to a major cable network. It might be my first pilot I might potentially direct. We are still working out the details of the deal.

-Michael-“

2014 is of course also the 30th Anniversary of Transformers – so how cool would a new live action movie be in addition to whatever else is planned for the inevitable 30th anniversary toyline?

