40. "Hasbro announces Transformers films are getting "reset"" In response to In response to 0
Bumblebee, coming at the end of the year, will be the last one of the current series. Last Knight sequel/sixth film in the Bay-verse has apparently been scrapped. Next movie isn't planned to be released until 2021.
Anyway, it doesn't appear to mean that they're scrapped the idea of the Hasbro shared universe. They just signed a new deal with Paramount and are planning to release new GI Joe and Micronauts films in 2020 and 2021 to go with the new Transformers film.