‘Transformers 3′ Already In Progress

The movie business moves fast, and if you don’t schedule your summer blockbuster accordingly, you could be muscled out.

Which is why Transformers 3 is already scheduled for a July 1, 2011 release, according to Variety.

The second Transformers flick, Revenge of the Fallen, doesn’t come out until this summer (June 24, to be precise), but Paramount and Dreamworks needed to reserve their summer blockbuster spot.

Stars Shia LaBeouf and Megan Fox aren’t even officially signed to the new film yet. Michael Bay isn’t yet attached to direct, and there is no script as of yet.

So far there is no competition for the third film, but who knows what Marvel Films has up its sleeve what with all their superheroes running around?

At least the studio is giving Kendra Wilkinson fiancé and Transformers fanatic Hank Baskett plenty of advance notice this time. The Revenge of the Fallen release date nearly caused quite the dilemma for the husband-to-be.