Transformers 5 to be Released in 2017?

Several Entertainment sites have been reporting that during a Hasbro earnings conference call on April 20, CEO Brian Goldner confirmed that the 5th Transformers movie is expected to be hitting theaters sometime in 2017.  This is what Goldner had to say:

Our plan with the studio and filmmakers you may have heard some writers being hired and we have in fact brought in Akiva Goldsman to lead a group of writers to really create a strategic plan around Transformers. We think there are any number of stories to be told from the brand that has been around for 30 years with amazing canon and mythology. We would expect the sequel to the Transformers movie [TF4] to happen in 2017.