Dreamworks will now be producing the Live Action Transformers movie, with a release in 2006, and Paramount with the foreign rights to the film. In previously rumoured news, Steven Spielberg did use his magic on Hasbro to get Dreamwaorks the film rights. He will be the film’s Executive Producer with Lorenzo di Bonaventura, Don Murphy and Tom DeSanto all being producers.
Hasbro will be involved in creative development, marketing and merchandising, with Takara, the poeple who actually make the toys, will have a development role.
The full press release from Hasbro can be found here.
