GeekShizzle reported earlier last month that Michael Bay’s sci-fi actioner “Transformers: Age of Extinction is well on its way to become one of the best-selling films in the franchise. The fourth installment was on course to smash James Cameron’s 2009 mega blockbuster “Avatar” record in China, which it did obviously, and now it’s also boasting as the first film to rake in $1 Billion in 2014. It shouldn’t come as a surprise, especially after the Michael Bay-directed pic broke the record as the Highest-Grossing Debut of 2014 With $100 Million back in June.

Also see: First Full Trailer for ‘Transformers: Age of Extinction’

Picture courtesy of DenofGeek

Picture courtesy of DenofGeek

“Age of Extinction” is not the only film in the franchise to display its dominance at the box office. 2011’s “Transformers: Dark of the Moon” also reached the enormous 1 Billion mark, proving that even sequels are surpassing expectations for the movie franchise. The fourth installment is reaping the benefits of a China based production team, with large parts of the movie shot in the Asian country. Moviegoers in the country showed their support by pushing up the world-wide sales with over $300 million in tickets sold to date. In total, “Age of Extinction” earns $763.8 million internationally and $241.2 million at the domestic box office.

Paramount chairman and CEO Brad Grey said in a statement:

“Time and again, Michael has delivered pictures that audiences around the globe truly love,”

“Along with the immensely talented and versatile Mark Wahlberg, the great Steven Spielberg as executive producer, and a superb cast, he created a powerful re-launch of this franchise. This tremendous accomplishment – to be the first film of 2014 to earn over $1 billion at the box office – proves once again that Michael is a world-class filmmaker at the top of his game.”

'Transformers: Age of Extinction' picture courtesy of Empire

‘Transformers: Age of Extinction’ picture courtesy of Empire

In the fourth installment, earth is scarred by the events of the past three movies, but is moving on after all the giant robots disappeared. Cade Yeager (portrayed by Wahlberg), an inventor, discovers a buried Transformer which sets the stage for the return of the rest of the Transformers. Set with an all new human cast, Wahlberg is joined by Nicola Peltz who portrays his on-screen daughter, and Jack Reynor plays Peltz’s boyfriend.

Paramount has signed a three-year deal with Bay and his production company Platinum Dunes for two sequels to follow-up “Age of Extinction”

Bay said in an interview once:

“It’s kind of like a new Transformers,”  “We had three, the first trilogy, and this is going to be the next one.” “’s the first of a new trilogy,” “I’m not necessarily sure that I’m doing [the others], but that’s what it’s meant for.”