Following the success of "Transformers: Dark of the Moon", Hasbro plans to make the fourth and fifth installments soon. In a statement during a third-quarter earnings conference call on Monday, October 17, Hasbro CEO Brian Goldner said that the toy giant is in "active discussion" with Paramount Pictures, Michael Bay and Steven Spielberg about the next "Transformers" movies.

Variety reported that Paramount, which has the licenses of the "Transformers" franchise from Hasbro, considers to shoot the fourth and fifth installments back-to-back. The plan is made to save the budget because the deals for cast and crew can only be negotiated once. As for the plot, screenwriter Ehren Kruger reportedly has already had an idea that the studio is interested to.

Although it has been said that Bay may not return as the director, multiple sources close to the project revealed that the filmmaker is still interested to helm the upcoming "Transformers" movies, in addition to being attached as the executive producer along with Spielberg. Bay is now concentrating on his passion project called "Pain and Gain", but he could finish it before the upcoming "Transformers" films start the production in late 2012 or early 2013.

"Transformers 4" and "5" might be going without lead actor Shia LaBeouf. Last July, during the New York premiere of "Dark of the Moon", the Sam Witwicky depicter claimed, "If they're going to do it again, they have to attempt it with somebody else." Words are, Jason Statham has been eyed to replace LaBeouf. Statham is believed to have the capability to bring different image for the robot film franchise.

"Transformers: Dark of the Moon", which was released on June 29 in U.S. theaters, has grossed $1.1 billion worldwide. The movie is placed in the fourth spot on the all-time box office list. It also stars Rosie Huntington-Whiteley, who replaces Megan Fox as the leading lady, Tyrese Gibson and Josh Duhamel.

Battleship hits theaters on May 18th, 2012. Cast: Liam Neeson, Taylor Kitsch, Alexander Skarsgard, Rihanna, Brooklyn Decker, Hamish Linklater, Tadanobu Asano, Josh Pence, Peter MacNicol Peter Berg ("Hancock") produces and directs "Battleship", an epic action-adventure that unfolds across the seas, in the skies and over land as our planet fights for survival against a superior force. Based on Hasbro's classic naval combat game, "Battleship" stars Taylor Kitsch as Lt. Alex Hopper, a Naval officer assigned to the USS John Paul Jones; Brooklyn Decker as Sam Shane, a physical therapist and Hopper's fiancee; Alexander Skarsgard as Hopper's older brother, Stone, Commanding Officer of the USS Sampson; Rihanna as Petty Officer Raikes, Hopper's crewmate and a weapons specialist on the USS John Paul Jones; and international superstar Liam Neeson as Hopper and Stone's superior (and Sam's father), Admiral Shane. Berg directs this epic action-adventure also produced by Scott Stuber ("Couples Retreat"), Sarah Aubrey ("The Kingdom"), Brian Goldner and Bennett Schneir of Hasbro (the "Transformers" franchise), along with Duncan Henderson ("Master and Commander"). Battleship trailer courtesy Universal Pictures.

Brooklyn Decker is the latest star to be cast in the upcoming film, Battleship.  The 23-year-old blonde bombshell will join Rihanna, Taylor Kitsch and Alexander Skarsgard in the film adaptation of Hasbro's combat board game.

Decker, who was the 2010 cover model of Sports Illustrated: Swimsuit Edition is currently married to tennis-stud,Andy Roddick. 

Battleship will be directed by Peter Berg and hits theaters in May 2012.  Production begins in Hawaii in a couple of weeks!  

 Decker recently wrapped filming for the flick Just Go With It alongside Adam Sandler, Nicole Kidman & Jennifer Aniston. 

Now that she’s topped the Billboard charts with seven No. 1 singles, Rihanna has set her eye on conquering the box office charts with her feature film debut.

The singer will star in Universal’s Battleship alongside Taylor Kitsch (“Friday Night Lights”) and Alexander Skarsgard (“True Blood”), reports Variety. The live-action movie, directed by Hancock’s Peter Berg, is based on Hasbro’s naval combat board game.

Universal has set a May 25, 2012, release date forBattleship, which takes place in the sea, in the sky, and on land in a battle to save the planet against a superior force. Kitsch stars as a naval officer who leads the fight, while Skarsgard will play his brother. Shooting is set to begin soon in Hawaii.

Rihanna previously played herself in the 2006 teen flickBring It On: All or Nothing. Her “SNL” skit with funnyman Andy Samberg is nominated for Outstanding Original Music and Lyrics at the 62nd Annual Emmy Awards.