Last year’s Ghostbusters reboot was not the hit that its makers hoped it would be. Now producer Ivan Reitman, who also directed the original movie, has spoken about his reaction to the film’s disappointing commercial performance.

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“We certainly would’ve loved to have a larger hit,” he told io9. “But considering the last film was almost 30 years ago, it really did extremely well. I think the film cost too much, frankly, and that’s the real issue.

“I personally had other points of view in terms of where the film should go and it was kind of a continuous conversation with Paul [Feig, director] about that. But Paul was the filmmaker on this one and he’s a very talented director. I wanted to give him enough room to do the film he thought it should be.”

However, Reitman explained that although another live-action movie is unlikely for some time, the franchise was far from dead, with an animated film currently in development.

“We jumped into an animated film,” he said. “I want to bring all these stories together as a universe that makes sense within itself. Part of my job right now is to do that.”

Ghostbusters made $229 million at the worldwide box office. Last year, it was estimated that it would need to make at least $300 million for Sony to break even. Following the movie’s release, Feig spoke about the chances of a sequel with the same cast happening.

“If the studio was knocking on the door to do another one, I’d have to think about it,” he said. “We had so much fun, and I’d love to work with that team again. But I would be very surprised.”

This week has also seen the surprise release of a virtual reality game for the PSVR called Ghostbusters: Now Hiring. Reitman was heavily involved with its development, with the game’s ghost is voiced by American comedian and Agents of SHIELD star Patton Oswalt. Read more about it here.