Paramount had a lot to say at their Cinemacon presentation today, and we’ve got some big news to post. The first item is that the end-credit scene from the end of the most recent Transformers film is now more than just a fun Easter Egg. It was announced today that a Gi-Joe/ Transformers crossover film is now officially in the works.

This is not the first time the licenses have crossed paths. fans of the comics have seen the two groups clash and cooperate for years on the page. This, however, will be the first time we get to see it in live-action, on the big screen!

While no director is currently attached, Steven Spielberg is executive producing the new film.