Entertainment Weekly posted an interesting article recently about resurrecting two very popular movie franchises. Men in Black 3 and Ghostbusters 3 is currently under development, according to Sony distribution president Rory Bruer at the ShoWest convention in Las Vegas. It is expected that the full cast of Ghostbusters will return, including Ivan Reitman, Harold Ramis, Bill Murray, and Dan Aykroyd – as mentors to a new group of Ghostbusters. The Ghostbusters 3 story will be wrriten by Gene Stupnitsky and Lee Eisenberg.
Also, apparently screenwriters are being sought for Men in Black 3, and it is unclear as to if Will Smith will return to the franchise to round out the trilogy.
