'Transformers 5' may have a possible crossover with 'G.I. Joe'. Series director Michael Bay may also return to the multi-billion dollar franchise to helm a stronger fifth film.

In an article by IGN, it was reported that producer Lorenzo di Bonaventura hinted at a possible Transformers-G.I. Joe crossover. He said, "I think later on that's a possibility but I don't think in the near future... It's not something we talk about either.

There's a lot more story to be told in both cases. If at some moment we all think 'You know what? It's time to bring the two of them together' we'll do that, but I think they're strong enough to exist on their own."

There is currently an on-going comic book series called 'Transformers vs. G.I. Joe' by IDW Publishing that features both brands in an independent storyline from each of their own universes.

According to Movie Pilot, Bay will return to the director's chair after initially saying that he would like to move on and make other movies. It was reported that Paramount Pictures would have headed to a brand new direction with the fifth film without the mainstay filmmaker in the creative team, bringing the series to Netflix.

New writers have been tapped by the studio to bring the franchise back to life including Steven DeKnight of 'Spartacus', 'Buffy the Vampire Slayer' and 'Daredevil' fame as well as Robert Kirkman of 'The Walking Dead'.

Akiva Goldsman who wrote for films such as 'Paranormal Activity', 'Angels & Demons' and 'The Da Vinci Code' is the acting head of the writing team, according to Collider. It was reported that the writers have been tasked at coming up with a series of interconnected stories that may merge well with the idea of some kind of expanded universe. DeKnight said the atmosphere of the two and a half week drafting process with the writing team was lively, exciting and brilliant.

'Transformers 5' is an upcoming science-fiction action film that will serve as the fifth installment in the massively popular and commercially successful franchise based on the Transformers toy line. The first cinematic release came out last 2007 with Michael Bay as director and Steven Spielberg as executive producer. It starred Shia LaBeouf and Megan Fox - the former reprising his role for two more sequels, while the latter replaced by model Rosie Huntington-Whitley in the third film. The fourth film featured Mark Wahlberg as the main protagonist.