Less than 2 weeks ago we reported that Paramount was putting a hold on the film ‘Draft Day’ as director Ivan Reitman would be filming ‘Ghostbusters 3’ in the summer for Sony. But now that Sony’s financial difficulties are in the forefront, it looks like the studio has once again put the sequel on hold.

Rumors of Sony’s financial instability, due to its Japan based parent company’s financial trouble, have prompted industry insiders to predict that the studio may soon be up for sale. This has prompted Sony President and CEO, Kaz Hirai, to release the following statement:

“There is absolutely no truth to rumors that Sony’s Entertainment businesses are for sale. … Our entertainment companies have a stable business foundation and are poised for future growth. There is no reason to sell these industry-leading businesses, and no consideration is being given to the idea.”

What Sony is doing, however, is following a mandate from their higher ups and are undergoing a “rigorous” reassessment of projects they have in development. One of these projects, unfortunately, is ‘Ghostbusters 3.’

‘Ghostbusters 3’ has been in development since 1996 with a script written by Reitman and reworked with the ‘Bad Teacher’ writing team of Lee Eisenberg and Gene Stupnitsky before getting another rework with ‘Men in Black 3’ scribe Etan Cohen. The announcement that the movie may actually be in front of the cameras come summertime has now been replaced with the statement that a decision regarding ‘Ghostbusters 3’ won’t be made until the end of March 2013. Even with the fact that Sony had already paid Cohen a hefty sum to rewrite the script, the movie may still not see the light of day. If the project is given a go ahead, filming wouldn’t begin until the Fall at the earliest.

So even though the Ghostbusters “ain’t afraid of no ghosts,” apparently Sony is afraid the project may not be a viable option and we may never see what becomes of Ray, Egon, Winston and Peter… but maybe that’s a good thing?

Are you happy with the delay of ‘Ghostbusters 3’ and do you think this film should even be made? Let me know below!

Source: THR