Depending on your opinion of Michael Bay, this news is probably either the best or worst you've heard all day, but here goes: Deadline is reporting that the Transformers director is working on a series about pirates for Starz. Apparently the series, which is tentatively titled Black Sails, is a Treasure Island prequel, and will follow "the adventures of fabled buccaneer Captain Flint and his men ... Threatened with extinction on all sides, they fight for the survival of New Providence Island, the most notorious criminal haven of its day — a debauched paradise teeming with pirates, prostitutes, thieves and fortune seekers, a place defined by its enlightened ideals and stunning brutality."

There will probably be hot mermaids too. Come on, this is Michael Bay.

The series is set to premiere in 2014.

[via Deadline]