It's been a long time since Ghostbusters, but the name Ivan Reitman still carries plenty of weight among geeks. You don't strap an unlicensed nuclear accelerator to Bill Murray's back and let him joke about it without leaving a mark, it's just that simple. And that's why you should be very excited to hear today from Reitman, who, with Montecito Picture Co. partner Tom Pollock, offers some updates on a few notable projects fans have been waiting for.

The one you want to hear about the most is also the one that Reitman offered the smallest amount on in his interview with The Hollywood Reporter. Ghostbusters III: "There’s a lot of talk about Ghostbusters III. And there’s a very good script that the other cast members have read and liked. We’re just waiting for Bill Murray to read it."

C'mon, Bill! You're the man and everything, and we'll always love you ... BUT READ THAT ALREADY.

Next up is Baywatch, an adaptation of the titillating '90s TV series starring (among others) David Hasselhoff. It has already been confirmed that the movie will skew more towards outright comedy as compared to the unintentional comedy that was a highlight of the TV series. Reitman says that things are moving right along ... but they're not there yet.

"We still don’t have a script that’s makeable. I think it’s a big opportunity. This is a comedy, and I think we have a very interesting take — a classical idea that will be fresh for the world audience. It’s one of the best-known titles that’s out there."

Finally we come to the Private Parts sequel. Reitman was one of the producers on the 1997 bio-comedy about and starring radio shock jock Howard Stern. There has long been talk of a sequel, but it sounds like it is probably the least likely of the three to ever get off the ground.

Said Reitman, "I spoke to Howard. He brings it up all the time. There is a great sequel story in it. But I doubt it will happen. If he’s going to do another film, my guess is that it’s probably not going to be the sequel to Private Parts."

As a final note, Reitman added that while he won't be producing his son Jason's Up in the Air follow-up Young Adult -- "Not for us." -- he expressed hope that father & son can come together to co-direct a future project.

"I’d like to direct with him somehow. I’m talking about a movie we would co-direct that has a kind of dual story perhaps that can be divided up."