ParamountAs noted by The Hollywood Reporter yesterday, Paramount/Viacom Inc. has pulled the seventh Transformers movie from its schedule. Two years later, Transformers has gone from Paramount's crown jewel to a franchise facing... wait for it... an age of extinction. Paramount's Transformers: The Last Knight earned just $130 million domestic (compared to Age of Extinction's $240m in 2014 and Dark of the Moon's $353m in 2011). Now if the prequel does gangbusters business, then perhaps the franchise will just reboot itself using Bumblebee as the starting point. Love it or hate it, Michael Bay's first Transformers was a kind of groundbreaking blockbuster franchise offering.