However, the Transformers franchise is still alive! Here's what's going on in the Transformers universe:
* Bumblebee spin-off: The Bumblebee spin-off movie, which focused on the origins of the iconic Autobot, was a success. This spin-off has opened the door for more stories and characters from the Transformers universe.
* Upcoming projects: There are several upcoming Transformers projects in development, including:
* "Transformers: Rise of the Beasts": This movie will be a sequel to "Bumblebee" and is set in 1994. It will introduce the Maximals, Predacons, and Terrorcons.
* Animated series: Paramount+ is working on several animated series, including "Transformers: EarthSpark" and "Transformers: Prime Wars."
* Other spin-offs: There are rumors of other spin-off movies and TV series being in development.
* Reboot: The Transformers franchise is also rumored to be getting a full reboot, which would introduce a new cast of characters and a fresh take on the story.
So, while there's no official word on a "Transformers 3," the franchise is still active and evolving. Keep an eye out for news on future projects!