Although many people thought that director Michael Bay was done with the Transformers franchise after the release of the latest installment, Transformers: Dark of the Moon, he and Steven Spielberg are reportedly already talking with Hasbro for the fourth Transformers movie.

Hasbro CEO Brian Goldner said on Monday, Oct. 17 that the toy company is already in “active discussion” with the two film icons about the new project and hopes to have news to share by the next quarter.

Of course, since the project is still in such early stages, there is no word yet as to whether star Shia LaBeouf will return, or other Transformers staples like John Tuturro, Josh Duhamel, and Tyrese Gibson. Rumors have been floating around the action star Jason Statham may take over the franchise, but that has not been confirmed.

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