The animated Transformers movie is still happening. Paramount Pictures and Transformers owner Hasbro’s studio eOne have reportedly signed on Oscar-winning Toy Story 4 director Josh Cooley. It will serve as an origin story and focus on the relationship between Optimus Prime and Megatron.

source https://gadgets.ndtv.com/entertainment/news/transformers-movie-animated-prequel-director-josh-cooley-toy-story-4-paramount-2220921