Michael Bay To Direct 'Transformers 4,' Producer Confirms — www.mtv.com — ReadabilitySince late last year, rumors began firing off about a potential "Transformers" sequel or sequels, and they ran the gamut. Paramount might film two sequels back to back. Michael Bay might return for both. Jason Statham may be the new star. Rumors came and went, but perhaps the biggest question lingered: Will Bay return to direct?