There's a feature at The Hollywood Reporter worth checking out that falls directly under the category of "horror." The trade looked at 20 of today's "masters of horror" and spoke to various contributors to the genre.
"I have a great fantasy — that I will probably make a reality — of directing my own self-financed horror movie," Bay said, adding, "I love this genre because the movie is the star."
Bay, as you may know, is one of the central producers at Platinum Dunes, the company behind many contemporary remakes like Friday the 13th, A Nightmare on Elm Street, The Texas Chainsaw Massacre and The Amityville Horror.
Whether Bay gets around to this horror movie he'd like to make remains to be seen. Pain & Gain was one of those personal projects he wanted to do and it took years to get made, so maybe he'll make it happen. He's currently directing Transformers: Age of Extinction for a June 27, 2014 release.