Paul Feig still wants to make a sequel to his 2016 Ghostbusters reboot. It was a long road getting another Ghostbusters movie made following 1989's Ghostbusters II. That movie came five years after the enormous success of the original, but the cast and crew considered the movie a one-off. The subsequent success of The Real Ghostbusters cartoon and assorted merchandise led to the studio pushing for a sequel, but it was released in a crowded summer period that included Batman and Indiana Jones And The Last Crusade, so it wasn't quite as profitable.
Bill Murray has since repeatedly stated his dislike for the sequel and refused to return for a third movie. There was a period when the studio actively developed Ghostbusters III but would only sign off if Murray agreed to appear. But despite being sent numerous scripts, the actor refused. Following the death of co-star and writer Harold Ramis – who played Egon – the studio instead chose to develop an all-female reboot, with Feig directing. Feig's Ghostbusters featured a great cast and earned mostly solid reviews, but it also met with an intense online backlash from vocal fans, and the box-office returns were underwhelming partly because of that.
Despite Ghostbusters ending with a post-credit scene teasing a sequel, the disappointing numbers seem to have ruled out a direct follow-up. However, in an interview with Yahoo! Movies, Paul Feig says he would still love to get the band back together and remains proud of his work on the movie:
"We would love to; it’s really up to the studio to want to do it. We had so much fun making that movie. The movie’s just really built an audience in the two years since it’s been out. I get contacted every day by people who are such fans of it, and so many women who are inspired by seeing women in science. I will go to my grave so proud of that movie, and so proud of what that cast did in that film."
The budget of the reboot became a point of contention last year when Ghostbusters creator and co-star Dan Aykroyd claimed Feig had widely overspent on the movie, and his decision to reshoot scenes he had originally cut during production added $30-$40 million to the budget. Sony later countered this, stating the cost of reshoots was closer to $3-4 million instead.
While the Ghostbusters reboot wasn't the success Sony Pictures was hoping for, love for the franchise around the world remains high. A direct sequel to Feig's movie probably won't happen at this stage, and while various concepts have been thrown around for the future of the series – including Aykroyd's own suggestion of a Netflix streaming series – it appears the only project in active development is a Ghostbusters animated movie.
Producer Ivan Reitman confirmed an animated Ghostbusters movie is in the works and the story will be told from the perspective of a ghost. Fletchers Moules is attached to direct, but while it was said to be aiming for 2019 release, nothing has been revealed about the project for some time.