George famously tinkers with his movies after the fact. But you've said that you regret changing E.T. for the 2002 rerelease and would never change another of your movies.
George goes by his playbook, and I go by mine. I did alter E.T., and I do regret making those alterations. When the movie comes out on Blu-ray, either we will package both versions for the same price nobody has to pay any more money for the rejiggered version or we will just bite the bullet and come out with the 1982 version.
Now your philosophy is to not change even the rough edges?
My philosophy now is that every single movie is a signpost of its time, and it should stand for that. We shouldn't go back and change the parting of the Red Sea in Cecil B. DeMille's The Ten Commandments just because with digital tools we now can make that even more spectacular than it was.
What's the future hold for Indiana Jones?
It's up to George. We already have agreed on the genre of the fifth movie, we already have a concept in mind. I don't know where George is with the story. There is no Indy 5 until George says there is.
Will there be another Michael Bay Transformers?
I hope so, because I think he made the best of the three with this last one. I certainly can't imagine anybody other than Michael being equipped to make another Transformers. He's invented a genre, and he's got the secret formula.
He told GQ that when Megan Fox compared him to Hitler in an interview, you said that he should fire her.
[Shakes head] That's not true. That didn't happen.
Aside from Transformers: Dark of the Moon, 3-D films have had a rough year. Is it overkill?
Audiences just know whether the extra money they have to pay to see a movie in 3-D is going to be worth it. They just know that Avatar should only be seen in 3-D, and that The Lion King would be an amazing reunion through the medium of 3-D, but not necessarily Cars 2. They saw Cars 2, but they didn't see it as much in 3-D. You've got to give credit to the audience. They know what they want to see, and what format they want to see it in.