Michael Bay Extends First-Look Deal with Paramount

Michael Bay
Frederick M. Brown/Getty Images

Paramount Pictures has extended and expanded Michael Bay’s current first-look deal with the studio.

The new pact extends the current agreement with Bay’s production company Platinum Dunes for an additional three years and expands it to cover Bay Films.

“With an ever-growing, worldwide fan base, Michael is truly one of the most inspired and beloved filmmakers of our time,” said Brad Grey, Chairman and CEO. “We take great pride in the fact that Michael is part of the Paramount family and we look forward to growing our productive and successful partnership.”

Bay directed and produced the “Transformers” films, “Pain and Gain,” the “Bad Boys” films, “The Island,” “The Rock,” “Pearl Harbor” and “Armageddon.” The four “Transformers” have grossed over $3.7 billion worldwide.

“Transformers: Age of Extinction” has grossed $967 million worldwide, making it the top grosser of this year.

Bay also produced “Teenage Mutant Ninja Turtles” with Platinum Dunes partners Brad Fuller and Andrew Form. “Turtles” will open Aug. 8.

Platinum Dunes produced “Project Almanac” for Paramount’s Insurge label, which will release the film on Jan. 30.

Bay’s deal is one of 15 first-look pacts at Paramount. Other key producing deals are with Jerry Bruckheimer, Lorenzo di Bonaventura, Mary Parent and Martin Scorsese along with David Ellison’s co-financing deal.

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  1. Nayna says:

    hi, Lots of snarky comments that ignore the fact his films make Paramount billions of dollars and he has millions of fans worldwide who will also purchase millions of DVDs, Blu-rays and streaming copies.

  2. Marco Frari says:

    If this is the future of Hollywood, then this former obsessive movie-goer (a movie theatre USED to be my second home) will never watch another movie again. This is indeed tragic news.

  3. sadfg says:

    its time to have a different director for the next transformers, but it should have the same direction of the story. Perhaps, christopher nolan can take over?

  4. harry georgatos says:

    Whatever people may think of Bay he makes extremely technically complex films like no one else for 15 year old kids, which are outrageously successful films. Bay is.a director that Hollywood would want to be in buisness with.

  5. Bill says:

    Lots of snarky comments that ignore the fact his films make Paramount billions of dollars and he has millions of fans worldwide who will also purchase millions of DVDs, Blu-rays and streaming copies.

    Besides, his films are FUN.

  6. cadavra says:

    I shall celebrate by continuing to not watch anything he makes.

  7. Paul lane says:

    He better be nice to Neon Genese Evangelion a Japanese treasure that he soon may defile.

  8. Liam Scanlan says:

    Michael Bay still gets to make movies?! Yuck! I’d rather watch paint dry than see one of HIS cinematic abominations!

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