The next installment of the massively successful franchise Transformers 5 is scheduled for release in 2017. However, the production team at Paramount Pictures is keeping all the details under wraps but still fans are treated with a slew of spoilers and rumors of the upcoming movie.

Akiva Goldsman, who is at the helm of the writer's pool said that the team of writers is going back  to the history of Transformers and that they "will look at the toys, the TV shows, the merchandise, everything that has been generated by Hasbro, from popular to forgotten iterations, and establish a mythological time line."

"We've got a work space that is beautifully production designed to be immersive with a strong sense of the franchise history... It has been designed with a lot of visual help, toys, robots, sketches and writers and artists. After that super saturation, the writers will figure out not one, but numerous films that will extend the universe," Goldman explained.

From what we have gathered so far, Paramount is looking at an expanded Cinematic Universe and is looking at least 12 sequel proposals from the writer's pool. After all, if multi-part sequels are the latest buzzword in Hollywood, a writer's pool is the latest craze. This will ensure long-term storytelling and endless ideas that will keep on flowing, said Movie Plot.

A writer's room is basically a creative zone created for television projects, where a number of creative minds are pooled together to write great scripts and story ideas.

And even if the yet to be titled Transformers 5 is still in its initial stage of pre-production, the production is already looking at the future of the fictional world full of frenzy, destruction and ultimate glory for our superhero robots, reported Movie News Guide.

Goldsman explained, "We're trying to beg, borrow and steal from the best of them, and gathered a group of folks interested in developing and broadening this franchise. There is a central corridor of movies that has been proceeding quite well, but our challenge will be to answer, where do we go from here?,"

The report added that it was Collider who first broached the idea of 12 sequels for the Transformers franchise, saying that if each of members of the writer's pool penned a script, "this will be the ultimate achievement of the illustrious writers' room. And with Michael Bay overseeing all, how could this possibly go wrong?"

Among the notable names comprising the writer's pool are scribes from various genres, including Daredevil's Jeph Loeb, Lost's Jeff Pinker, The Walking Dead creator Robert Kirkman, Andrew Barrer and Gabriel Ferrari fresh from Ant-Man fame, Black Hawk Down's Ken Nolan, and Geneva Robertson-Dwore and others.

Fresh ideas including the Beast War plotline, Optimus Primes space travel, crossover with G.I. Joe, including totally new robots, etc., the report said.