Transformers 4 has its leading actor with Mark Walhberg and a new teaser logo

Hasbro / Paramount

It all started off as an Internet rumor with Mark Walhberg being targeted as the next leading character in the next Transformers movie. Now, that rumor has manifested itself into becoming true after director Michael Bay denied Walhberg was being targeted.

Funny how rumors and the Internet work nowadays because Bay never even considered the actor for Transformers 4 until the rumor hit.

The next Transformers movie also got a new teaser logo and below is the entire press release from Hasbro / Paramount updating the next movie in the franchise.

"HOLLYWOOD, CA (November 8, 2012) – After an exceptionally successful collaboration on the upcoming "Pain and Gain," Michael Bay has cast Academy Award®-nominee Mark Wahlberg in the highly anticipated 'TRANSFORMERS 4.' The film will hit theaters June 27th, 2014.

'Mark is awesome. We had a blast working on 'Pain and Gain' and I’m so fired up to be back working with him. An actor of his caliber is the perfect guy to re-invigorate the franchise and carry on the Transformers’ legacy," said Bay.

Bay will direct the next installment in the 'TRANSFORMERS' series, which begins shooting next spring. From Paramount Pictures, a division of Viacom, Inc., in association with Hasbro, the film will be produced by Don Murphy & Tom DeSanto, Lorenzo di Bonaventura and Ian Bryce, and executive produced by Steven Spielberg, Bay, Brian Goldner and Mark Vahradian.

Bay’s first 'TRANSFORMERS' film was a box office sensation in 2007, opening at #1 and earning more than $700 million worldwide. His second installment 'TRANSFORMERS: REVENGE OF THE FALLEN' in 2009 grossed more than $830 million worldwide. In 2011, 'TRANSFORMERS: DARK OF THE MOON' was an even bigger hit worldwide, grossing more than a billion dollars to become the 5th highest grossing film of all time. To date, the franchise has earned more than $2.6 billion worldwide.

From acclaimed director Michael Bay comes 'Pain and Gain,' a new action comedy starring Mark Wahlberg, Dwayne Johnson and Anthony Mackie. Based on the unbelievable true story of three personal trainers in 1990s Miami who, in pursuit of the American Dream, get caught up in a criminal enterprise that goes horribly wrong. Ed Harris, Tony Shalhoub, Rob Corddry, Rebel Wilson, and Bar Paly also star. The film is based on magazine articles by Pete Collins, with a screenplay by Christopher Markus & Stephen McFeely and produced by Donald DeLine, Michael Bay and Ian Bryce.

"PAIN AND GAIN" opens in theaters everywhere April 26th, 2013."

The Transformers franchise is indeed a money-making machine but it has not been a satisfying group of movies for the hardcore fan base. Maybe the fourth time is a charm.

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Transformers 4 Will Be Michael Bay's Last, Robots Will Get Redesigned