The internet is alive with sequel news this afternoon. Top of the heap is Transformers, which even though it hasn’t yet been released is riding a wave of tremendous buzz and seems almost assured to make hundreds of millions of dollars when it opens in the middle of next week. It looks like Paramount isn’t waiting around to make sure it’s a hit, according to a story picked up from Entertainment Tonight, they’ve already greenlit Transformers 2.

It’s too early to have any idea what the movie will be about or whether any of the current cast and crew will be involved in it, but having seen the movie last night I can assure you that it lends itself pretty easily to a long and incredibly fun series of giant freakin robot films. More importantly, it’s good enough that it’s bound to leave audiences wanting more of it. Unless the impossible happens and the movie somehow underperforms, sequels are a no brainer. Good move on Paramount’s part. Now they need to lock up Michael Bay and Shia LaBeouf.