In 2007, The Transformers will return to the big screen for the first time in more than 20 years as an all new live-action film tentatively titled Transformers. The film will be directed by Michael Bay, executive produced by Steven Spielberg, and distributed by Dreamworks/Paramount. The movie will be filmed with live humans, sets, actors and have computer generated Transformers characters inserted. The characters are loosely based on original Generation 1 (1980\'s Transformers), but the story and overall look have been updated for a modern day telling.