
Michael Bay has given an update on his developing upcoming projects on his official website. Bay says that he will be meeting later this week with producer Steven Spielberg, and screenwriter Ehren Kruger to discuss ideas for Transformers 3. By the end of the week he will probably have a better idea if a third film will hit theaters in the summer of 2011 or 2012.
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Remember the scene in Michael Bay‘s Transformers: Revenge of the Fallen where Sam is drawing symbols all over the walls of his dorm room? Yeah, we’ve tried to forget about it too. What you might not have noticed is that Sam writes the number 3 on a poster for the other Michael Bay sequel, Bad Boys II. Now we’ve learned that the studio is moving forward with development on a third film, but will the original crew return for one more adventure?
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Hollywood loves sequels, and the readers of movie blogs love to hear the early talk of them (even if it never develops into anything). So lets take a look at the recent sequel gossip going around the interwebs.

Seth Rogen and James Franco are already talking about the possibility of the first comedy sequel produced by Judd Apatow – Pineapple Express 2?
“Yeah, I’m waiting for the sequel,” Franco revealed to MTV at Sunday’s Movie Awards. Rogen added, “Yep, we’ve talked about it.”

When asked who will play the villain in the next Incredible Hulk movie (if the demand warrants a sequel), director Louis Leterrier says that Samuel Sterns (played by Tim Blake Nelson) is introduced in his film and of course, will eventually become The Leader. [comics2film]

At the 2008 MTV Movie Awards, Will Smith told Hollyscoop that he has an idea for Bad Boys 3.
“We need Bad Boys 3, but Michael is too expensive now, he’s way too expensive.”
Even series director Michael Bay admitted that it might never happen even though they’ve talked about doing another one.
“I don’t know,” said Bay. “We talk about it, but we all make too much money.”
Meanwhile The Daily Mail claims that the producers of Sex and the City are “exercising the sequel option in all of the stars’ contracts. They want it to be a franchise and think they can stretch it over at least a trilogy.” But can you really believe the British tabloid paper’s sources?
Thanks to /Film reader Marcus for contributing.