Hasbro's Allspark Pictures has hired producer Greg Mooradian to oversee the creation of its films, according to Variety. Mooradian will reportedly serve as President of the studio, similar to Kevin Feige's role in Marvel Studios.
Mooradian is a veteran producer and former employee of Paramount who helped bring the most recent iteration of Teenage Mutant Ninja Turtles to the big screen, as well as previous Transformers films.
Allspark is a new venture for Hasbro in which it will create its own films in partnership with Paramount, who produce the Transformers films and the currently dormant G.I. Joe franchise. Neither Transformers nor G.I. Joe is said to be included in the deal between Paramount and Allspark.