Variety reports, Paramount and DreamWorks are forging ahead with "Transformers 3," dating the movie for release on July 1, 2011.
It's the first word of the three-quel, although Paramount insiders downplayed the importance of the move.
They said the studio wanted to claim the date before a competitor did, considering that the 2011 summer release calendar is filling up.
No deals have been inked with director Michael Bay or franchise stars Shia LaBeouf and Megan Fox. Nor has a writer been hired for the third installment.
