In an interview on the Dennis Miller Radio Show, Aykroyd had this to say about the project and Murray’s possible involvement:

“Yes, we will be doing the movie and hopefully with Mr. Murray.That is our hope. We have an excellent script. What we have to remember is that ‘Ghostbusters‘ is bigger than any one component, although Billy was absolutely the lead and contributive to it in a massive way, as was the director and Harold [Ramis], myself and Sigourney [Weaver]. The concept is much larger than any individual role and the promise of ‘Ghostbusters 3‘ is that we get to hand the equipment and the franchise down to new blood.”

So will bustin’ make Bill Murray feel good? It’s unclear, as Murray’s pursuits aren’t exactly easy to foresee. Without his involvement, the film would have to incorporate the “old guard/new guard” premise, because I have a very difficult time believing that millions of people want to see a sequel starring only Dan Aykroyd, Harold Ramis, and Ernie Hudson.

Yuck. No thank you.