Paramount plans to follow Michael Bay‘s “Transformers 5” with a spinoff movie centered around Bumblebee, it was announced Tuesday by the studio’s chairman/CEO Brad Grey. Last week, Paramount dated three “Transformers” movies for June 2017, June 2018 and June 2019. The film released in June 2018 will be the “Bumblebee” spinoff, which will be made on a significantly lower budget than past “Transformers” movies, according to Grey. Hollywood used to be comfortable waiting two or three years before churning out sequels but the market has grown so competitive that studios can’t afford to have their best franchises laying dormant for »