The long wait for a Ghostbusters 3 script that Bill Murray will approve is apparently over.  Co-star Dan Ackroyd told The Telegraph, "Bill Murray will not do the movie," ending the uncertainty that has surrounded the project (see "'Ghostbusters 3' Movie Still in Limbo").  

Ackroyd described the film as "in suspended animation," but indicated that the studio, director Ivan Reitman, and co-star Harold Ramis were all still interested in finding a way to move forward.  He's currently considering casting Murray's role with another actor, according to the report.