IGN have posted an interview with the writers of both Transformers and Transformers Revenge of the Fallen Roberto Orci and Alex Kurtzman. In the interview IGN asked why they said no to writing Transformers 3
IGN: Why did you decide not to do Transformers 3?
Kurtzman: I think it was largely a matter of the fact that we have a
couple other movies on their feet and some television things happening
now, and didn't feel we could responsibly do it and give it what it
needed. Cowboys & Aliens is a very full time job right now and we
should be focusing on that, because it took awhile to get it on its
feet.
Orci: And the second one we didn't think we could responsibly do, and
that's why we were so happy to team up with Ehren Kruger, who was
amazing. This time, I think even teaming up with him, we wouldn't be
able to give him what would be fair. And it's really a matter of time,
but again, the best idea should win, and they need an idea now. We
don't have one right now, so…
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