People either love or hate the Transformers film franchise. On one hand, Michael Bay has helped bring the war between the Autobots and Decepticons to life; and on the other, we got to hear many variations of Shia LeBeouf saying “No, no, no.” But the popularity of the source material is one of Paramount’s cash cows, and now they will be extending it as they have announced that Transformers 5 will be hitting theaters in 2016.

Paramount made the sequel announcement recently at a film conference in Europe. Other titles announced for 2016 include: Star Trek 3, G.I. Joe 3, Beverly Hills Cop 4, Hansel and Gretel 2, and Paranormal Activity 5. Hit the jump for more info.

Sequel announcements like this are not entirely uncommon, especially for something as successful as Transformers or G.I. Joe, but this is the first time we are getting a tentative schedule for both films. The studio has yet to make an announcement on who will write, direct, and star in Transformers 5.

The surprising part is that they confirmed that Paranormal Activity 5 will be coming to theaters in 2016. Originally scheduled for a 2014 release, PA 5 would be the longest delay between its predecessor (four years) in the entire franchise. However, its spinoff film The Marked Ones made a relatively decent splash at the box office. It’s unclear if Paramount has any plans to make a sequel to that film or another spinoff with a different ethnicity. The studio didn’t say whether or not PA 5 would be the last film in the franchise, although if it does well at the box office, I’d imagine that they would like to extend it for at least another sequel.

[Source: THR]