To be directed by Joachim Ronning, the film also features Michelle Pfeiffer, Chiwetel Ejiofor, and Ed Skrein, reported Variety.
Details about Murray's role are currently unknown. Production on the sequel is set to start sometime this year.
It is not clear where this film will pick up following the first movie, which was based on the fairy tale "Sleeping Beauty."
The original story centered on an evil fairy who cursed an infant princess to eternal sleep, only to realise the young girl was the only one who could save the kingdom from its dangerous ruler.
"Maleficent", which released in 2014, earned USD 758.5 million worldwide.
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