Ghostbusters 3: Who Dropped Out?

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First, the good news: Ghostbusters 3 will begin production in early 2015.

Now, the bad news: Ivan Reitman has dropped out as director.

Ghostbusters 3 Pic

Following the death of Harold Ramis - his good friend and a main player in the first two Ghostbusters - Reitman has chosen to leave the project.

Talk of a third installment in this wildly popular franchise has been running rampant for years, but not until recently did actors Bill Murray and Dan Akroyd sign on for a follow-up.

It remains unclear just what kind of role they will play in Ghostbusters 3, but Reitman told Deadline it will likely be "minor."

He also went into detail about why he backed out of directing.

“When I came back from Harold’s funeral, it was really moving and it made me think about a lot of things… I told [Amy and Doug Belgrad from Sony] I thought I could help, but let’s find a really good director and make it with him.

"So that’s what we’ve agreed will happen. I didn’t want all kinds of speculation about what happened with me, that is the real story.”

No release date has been set for Ghostbusters 3, but it will likely hit theaters in late 2015 or early 2016.

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Gonna suck.

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1. This title and subtitle are sensationalized, Ivan never dropped out he was part of the re-writes and is producing the movie. 2. Bill has never signed on. 3. Dan has been on board with this since 1990 so I have no clue where the comment about him just getting on board came from. He has single handedly pushed and promoted this film more than any other person involved.