I think it will, if it does well financially.
And I welcome it to do extremely well and bring back Transformers cartoons as western-written and influenced. I'm sorry, I like good anime (Akira, EVA, Spirited Away, etc...), but the quality of the Japanese-influenced/written shows for the last 5 years has not been very high. They have all had horrible translations, with characters being called the wrong names, special moves called wrong, and the re-dubbing limiting the voice actors' talents immensely.
Both David Kaye & Gary Chalk are great VA's but due to the re-dubbing of the new shows, niether have been able to flourish and show their talents, due to the large limitations put on them through the shoddy translation and re-dubbing.
Also a new show would obviously mean more toys, which is great, since I collect toys I think are cool...many Transformers toys included. Hasbro will always push for a new show about every 1-2 years to support and market their main TF toyline. Hopefully the movie will do well and this will bring Hasbro back around to doing a more American-written and controlled show, instead of relying so heavily on the Japanese for their TF shows.