Transformers: The Last Knight is a film.
Transformers : The Last Knight is an upcoming American science fiction action film based on the toy line of the same name created by Hasbro . It is the fifth installment of the live-action Transformers film series and a direct sequel to 2014 's Transformers : Age of Extinction . Bay has stated this film marks his final picture in the franchise . The film is set to be released on June 21 , 2017 by Paramount Pictures in 2D , 3D , and IMAX 3D .