Damon's character from "The Bourne Identity" and "The Bourne Supremacy" played out his story by the third movie, "The Bourne Ultimatum," by finally figuring out his true identity. The series was hugely popular, but there didn't really seem to be anywhere to go with his character. Eventually, both he and director Paul Greengrass disentangled themselves from the whole thing and it's starting all over again with a new story and star. Jeremy Renner is all set to kick off a new round of Bourne-style shenanigans in August with "The Bourne Legacy," which looks like the beginning of a promising new franchise and the first really big starring role for Renner.
The storyline is related and Bourne is referred to, but Damon isn't in it. But just because he's not in this one doesn't mean he can't still return, and that means plenty of press will still ask him about it.
Damon told E! Online, "I think the movie will be really good… Tony [Gilroy] is really smart, he's a really good writer and a really good director and I'm sure he made a good movie. The question will be if they can franchise that movie, because if they can, then they'll be done with me. They'll just keep making those."
Fans would be rather jazzed to see him back in the role, especially teamed up with Renner. And naturally, it would be box office gold for Universal. But would it ever happen? It sounds like Damon is happy to have passed the torch and is excited to work on new projects like "Elysium."