London: Director Michael Bay is in discussions to direct the fourth installment of the 'Transformers' franchise, despite previously saying he would not.

The 46-year-old had previously said he would not be in the frame to direct the rebooted series but it is said that the success of the third film 'Transformers: Dark of the Moon' - which took over USD 1 billion at the international box office - has persuaded him to think again, as reported.
Bay will reportedly begin shooting on the project, which will not be a prequel to the original three films, in late 2012 following his work on revenge thriller 'Pain and Gain'.
Although details are not known about the story, it is thought it will focus more on the canon of the series and delve into old characters.
"Regular people might not care about bringing out a character like Sentinel Prime. But believe me, fans of the series cared," a source said.
Actor Jason Statham is reportedly being considered for the lead role in the fourth film.