Dan Aykroyd spoke today on “Larry King Now,” revealing new details about the sequel’s plot. Well, this reboot we are excited about don’t you guys think every movie is getting a reboot now! what are we short on stories or we are giving the kids a crash course on original movies, I think it’s also a good way to get the sales up on the older original movies whoever to watch the new movie will have to see all the old ones later or before the release. So revenues on older movies are once again renewed DVD sales are high and TV Networks wants the rights! …. Clever indeed.

“It’s based on new research that’s being done in particle physics by the young men and women at Columbia University,” he tells King.”…Basically, there’s research being done that I can say that the world or the dimension that we live in, our four planes of existence, length, height, width, and time, become threatened by some of the research that’s being done. Ghostbusters — new Ghostbusters — have to come and solve the problem.”

Unfortunately, it’s looking quite likely that Bill Murray will not reprise his role as Peter Venkman in any way, shape, or form, although Aykroyd is still optimistic for a last-minute change of heart.

“There will be a hole for him,” Aykroyd says of his friend and co-star. “If Billy wants to walk in the door and be in the movie, we will find a place.”

As previously revealed, Ghostbusters 3 will include a new team of younger Ghostbusters, all of which begin as Columbia University students. Although casting has not yet taken place, Aykroyd did confirm the return of one new actor from the original: Larry King will again play himself.

“Of course, we’re going to be doing you in your new format as you comment on what’s happening in Manhattan up there at Morningside Heights,” Aykroyd tells King. “It’s going to be quite a spectacular scene once the stuff starts to break.”

Ivan Reitman is slated to direct Ghostbusters 3 with a script from Gene Stupnitsky, Lee Eisenberg, and Etan Cohen. A release date has not yet been determined, but it has been rumored for 2014, the 30th anniversary of the original. Source