Paramount extends first-look deal with 'Transformers' director Michael Bay

By Daniel S Levine,

Critics may not like his movies, but audiences and Paramount Pictures certainly do. Explosions master Michael Bay and Paramount have extended their first-look deal.

The deal was first reported by TheWrap earlier this month, but Paramount didn’t confirm it until now, just days before one of his new projects hits theaters. Bay produced the Teenage Mutant Ninja Turtles reboot, which opens on Aug. 8.

According to Deadline, the new deal includes Bay’s Platinum Dunes banner and was expanded to also bring in Bay Films.

Platinum Dunes is by far one of the most prolific film and television shingles in Hollywood at the moment, probably neck-and-neck with Jerry Bruckheimer. In addition to Bay’s movies, the company has also scored TV hits like TNT’s The Last Ship and Starz’s Black Sails.

Bay’s features have made a combined $6 billion internationally, proving that he knows how to make films for the widest possible audience. For example, this summer’s Transformers: Age of Extinction is nearing $1 billion internationally, with just $237 million of that coming from North America.

“With an ever-growing, worldwide fan base, Michael is truly one of the most inspired and beloved filmmakers of our time,” Paramount CEO Brad Grey said in a statement to TheWrap. “We take great pride in the fact that Michael is part of the Paramount family and we look forward to growing our productive and successful partnership.”

image courtesy of Roger Wong/INFphoto.com

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