Ivan Reitman will no longer be directing the Ghostbusters reboot, according to reports.
The 67-year-old filmmaker, who directed the 1984 supernatural comedy and its 1989 sequel, has decided to pass the torch on for the third instalment, according to The Hollywood Reporter.
Sony Studios have begun a search for a director to take over.
Ivan will remain on the film as a producer. He had been finalising the latest draft of the script with writers Lee Eisenberg and Gene Stupnisky, but they had to make some amendments following the death of actor Harold Ramis - who co-wrote and starred in the first two films with Dan Aykroyd and Bill Murray and was set for a small role in the third film.
Ghostbusters 3 has been in the works for several years, and Sony are now hoping production on the film will begin in early 2015.
Bill will not reprise the role of paranormal investigator Peter Venkman for a third outing.
Recent scripts for the third Ghostbusters film featured a new crop of characters, with some original members making cameo appearances. Emma Stone and Jonah Hill are among the names that have been linked to take leading roles.