"There are characters in the Transformers universe that can be and should be made into their own movies,” Paramount Pictures chairman and CEO Brad Grey told The Hollywood Reporter. “We will make the first movie with Michael and go right into a Bumblebee movie, which will be at a lower cost.”Which other characters are up for spin-offs was not mentioned nor what "cheaper" means. The Transformers films have been landing in between $150 to $200 million each so my best guess is they are hoping for $100 million or less cost. CGI is expensive so simply having Bumblebee as the only TF in robot mode in the movie would drop the cost significantly as would keeping him in vehicle mode as much as possible. I suspect a road movie mixed with Furious 7 vibe will be the script's goal. If this formula of key movie > spin-off > key movie sounds familiar, it is the same formula that Star Wars has committed to starting with The Force Awakens. Clearly Paramount is hoping to replicate to same box office success.
Paramount Confirms Cheaper Bumblebee Movie
Paramount pictures has confirmed that they plan to release a Bumblebee spin-off movie on June 8 2018 and they plan to produce it a cheaper cost than the Transformers films. The need to clarify was due to the initial announcement from Paramount that simply said they were releasing three Transformers films in the next three years. Its unclear if they referred to them as Transformers 5, 6, and 7 or if media outlets just assumed it. About half a hour later during their investor conference call Hasbro re-iterated the news only they were more specific saying it would be Transformers 5, a Bumblebee movie, then Transformers 6. It was interesting to read the news that day as could see which outlets re-wrote what Deadline, THR, etc had (incorrectly) reported versus which outlets verified and correctly combined the news reports. Deadline, etc just went the route of doing a separate news story about the 'Bee movie.