Paramount and DreamWorks have slated a third Transformers movie for July 1, 2011, according to Variety. The announcement comes three months before the Transfomers sequel, Transformers: Revenge of the Fallen, hits theaters on June 24 of this year. Apparently, it does not mean that the threequel is officially greenlit, but only that the studios have staked their claim to the all-important July 4 holiday for the film. There’s no word on whether director Michael Bay or stars Shia LaBeouf or Megan Fox would return for the film.

On the heels of a very successful opening weekend for Race To Witch Mountain, Walt Disney Studios has inked a deal with Mountain helmer Andy Fickman to direct Monster Attack Network, according to Variety. The adaptation is based on a 2007 AIT/Planet Lar graphic novel, about a team of first-responders who guard the citizens of a Pacific island that’s frequently attacked by giant sea monsters. The graphic novel was written by EW’s Marc Bernardin and Adam Freeman, and illustrated by Nima Sorat. "We’re thrilled at the news," Bernardin tells EW.com. "The fact that Disney gave our book to one of their rising starsmeans that they’re serious about making it the ginormousmonster-attacking spectacle we always hoped it would be. Plus, it meansthey might actually make Monster Attack Network toys…which would justtickle me breathless."

David Hayter, who co-wrote Watchmen with Alex Tse, has formed Dark Hero Studios with producer Benedict Carver (Doomsday). The company will focus on creating film, TV,Internet and videogame projects in the action, sci-fi and horror fields. "Many people would love to have the studio-based producer gig, but ifyou want to build asset value through a library, you have to be moreentrepreneurial and avoid giving away a lot of rights upfront," Carver told Variety. Dark Hero’s slate begins with Demonology, a flick Hayter penned — and will direct — based on his experience going to an international high school in Japan.

Director Adam Marcus (Jason Goes to Hell: The Final Friday) will bring the 1943 RKO’s Roseblood Movie Co. classic I Walked With a Zombie back from the dead, according to Variety. The film, which will center on a family tutor who discovers asecret while working at the historic home of a New Orleansbusinessman, will be overseen by Andy Fickman, who recently signed a deal with RKO and Twisted Pictures to also bring three other horror remakes back to the big screen — 1945′s The Body Snatcher, 1946′s Bedlam, and 1939′s Five Came Back.