Here's what the filmmaker had to say about the "new direction" he wants to take with his career.
Among the projects he is considering is a passion project of his, a documentary centering on elephant poaching. The filmmaker hasn't announced which directorial project he will take on next, but he also produced upcoming movies such as Ouija and Project Almanac, along current TV shows The Last Ship and Black Sails.
Back in November, Michael Bay hinted that he may be coming back for Transformers 5, but it seems that may now have changed. However, it's worth nothing that he also said Transformers: Dark of the Moon would be his last movie in the franchise, before eventually coming back to make Transformers: Age of Extinction.
Producer Lorenzo di Bonaventura revealed in an interview with Screen Rant back in June that they are trying to keep Michael Bay at the helm for this franchise.
Paramount Pictures announced back in June that Transformers 5 will be released in 2016, although it isn't clear what cast members will be coming back or who will even direct it at this point.
Are you excited to see a different filmmaker taking the helm for Transformers 5? Or would you like to see Michael Bay return to direct? Chime in with your thoughts below.