MUMBAI: After signing a two-film deal with Paramount, Michael Bay will direct the fourth instalment in Paramount‘s Transformers franchise. This would be preceded by a bodybuilding film Pain and Gain.

Bay will direct the fourth film based on the Hasbro toy line. The third instalment in the franchise, Transformers: Dark of the Moon released last summer in 3D.

Producer Di Bonaventura has been quoted as saying that the film would be a reboot of the franchise and that none of the cast of the original three movies have been signed for the project. It’s likely that he and Bay would create at least a few new characters for the film, it is understood.

Pain and Gain is based on a true story and centers on a group of bodybuilders engaged in a campaign of kidnapping and murder in Florida is being produced by Bay, Donald De Line and Bryce.

“Michael has been working on Pain and Gain for a number of years but has patiently waited for the perfect casting to trigger a start," said Paramount Film Group president Adam Goodman in a statement. "Clearly his patience has paid off as we couldn‘t be more excited about this combo. His passion for this project is just awesome," he added.

Transformers 4 will release on 29 June, 2014.