It seems like everyone will be getting more of Optimus Prime and Bumblebee for years to come.

Variety states that Steven J. Davis, Hasbro chief and the man behind the company who owns the rights of arguably the largest robot franchise in the world, has announced that four more movies in the Transformers canon are set to be released.

This means that in the coming years, audiences will be seeing Transformers parts 5, 6, 7 and 8 coming to theaters. According to the chief, the plan to come up with four more movies in the already long-running film franchise was the result of a writer's room featuring a number of leading screenwriters.

"We decided that we wanted to plot out the next 10 years of the Transformers franchise, so we got together in a room over a three-month period of time," he said.

Led by Academy Award winner Akiva Goldsman, writers behind a number of critically-acclaimed movies such as Andrew Barrer & Gabriel Ferrari of Ant-Man, Robert Kirkman of The Walking Dead, Art Marcum and Matt Holloway of Iron Man, as well as a number of other brilliant minds in film brainstormed the evolution of the well-loved Transformers series, according to i09 News.

"They plotted out the next 10 years of Transformers. Similarly, we are doing the same in television and in digital. So stay tuned, Transformers 5 is on its way, and 6 and 7 and 8," Davis said.

Paramount has previously confirmed the expansion of the Transformers universe, with Goldman already signing on to write the fifth installment in the film franchise. The director for the coming film, however, has not been determined as of writing.

Michael Bay, who directed the first four Transformers has stated in a tweet that though he is in talks with Hasbro's chief, he has not fully signed on to be the fifth installment's director.

Re: directing TF5. No, it's not official. I have not committed to any idea as of yet. Just met with Steven and we are discussing.

— Michael Bay (@michaelbay) September 17, 2015

Though the first Transformers film fared quite well with a number of prominent critics and audiences alike, the following installments have been bashed by critics for its overblown and somewhat chaotic action sequences. Despite this however, the following films in the franchise have continued to earn massive profits, with the fourth installment, Transformers: Age of Extinction, earning more than USD 1 billion worldwide.

Of course, with the series; massive fanbase, the succeeding films in the franchise will most likely be very warmly received.