Well, fans of large-scale mishmashes of the colors teal and orange that cost hundreds of millions of dollars to make all in the hopes that children all over the world will force their parents to buy them tickets to see walking trucks from space punch each other while Shia Labeouf sweats a lot, your day just got better.  The rest of humanity?  Your day just became infinitely worse—as it has been announced that not only is Transformers 4 definitely happening, but director Michael Bay will helm the project and make sure the vaguely racist stereotypes and wooden acting we’ve all come to tolerate returns as well.

“Producer Lorenzo DiBonaventura says that the fourth film is definitely planned for 2014,” according to /Film, and Dibonaventura states that Bay’s to “direct it, and it’ll be in the summer of 2014. We’ll be releasing it [then]… I think the challenge there is we really are going to do a reboot there, and what that’s going to be we don’t even know yet.”

He also stated that a cast shake up will be in order, as “there’ll be a lot of new cast, whether there’s anyone from the first we don’t even know yet. The truth is, there’s going to be a whole new story. The characters that will come along will be Optimus and Bumblebee, I’m sure.”

Whew.  Don’t worry, guys.  Beloved…things Optimus and Bumblebee will be back, he’s sure.

Elsewhere, Bay announced that h has signed a deal with Paramount to first direct Pain & Gain, starring Mark Wahlberg and Dwayne “The Rock” Johnson, followed by Transformers 4, which will be released on June 29, 2014.

So happy Valentine’s Day, cinephiles!

What do you think of the Transformers news?