On his latest blog, "Transformers" film directory Michael Bay has announced that July 1, 2011 is the tentative release date for the next Transformers film. According to the blog "Currently I'm flying with writer Ehren Kruger to Rhode Island to talk to Hasbro about new characters.". Originally it was thought the film would not be released until 2012, but this shows Paramount and Hasbro's willingness to fasttrack a new film, which is a great sign.