Source: USA Today
Michael Bay confirms that Transformers 3 will be released in 3D when it hits theaters on July 1, 2011.
The director also revealed that the character Shockwave will be the new villain in the film.
Transformers: Revenge of the Fallen was able to bring in more than $830 million worldwide, so expectations will be high for the third film. If it delivers, a $1 billion worldwide haul is certainly a possibility.