Paramount Pictures and DreamWorks have gone ahead and set July 1, 2011 as the possible release date for Transformers 3.

Though the thought of plans for a third movie already moving forward is pretty exciting, don’t get too far ahead of yourselves and mark off those calendars. Insiders at Paramount have said that this is not official scheduling, but simply just planning ahead a little and obtaining the date. If Transformers: Revenge of the Fallen scores its expected mammoth numbers at the box office, and if a third movie is officially announced, they will look then at this date and solidify it if it’s the best date. If it doesn’t work, then they’ll likely move it to another date — but don’t count on this, as they absolutely love their 4th of July dates. If it’s changed at all, it would probably be to 2012, and we all know what happens in 2012 unless John Cusack saves the day.

If Transformers 3 stays in the summer of 2011, it adds to what is already looking to be one epic summer. Also slated for release that summer is Thor and The First Avenger: Captain America (the last pieces before The Avengers), and the final chapter in the Harry Potter series — Harry Potter and the Deathly Hallows: Part II.

[Source: Variety]