The Hollywood Reporter confirmed the news out of Cannes today.

“Currently in pre-production, Bill & Ted Face the Music will see the duo long past their days as time-traveling teenagers and now weighed down by middle age and the responsibilities of family. They’ve written thousands of tunes, but they have yet to write a good one, much less the greatest song ever written. With the fabric of time and space tearing around them, a visitor from the future warns our heroes that only their song can save life as we know it. Out of luck and fresh out of inspiration, Bill and Ted set out on a time travel adventure to seek the song that will set their world right and bring harmony in the universe as we know it. Together with the aid of their daughters, a new crop of historical figures, and some sympathetic music legends, they find much, much more than just a song.”

…which is basically the same as the official synopsis.

Everyone involved with the Bill & Ted films has been saying, for literally years, that a third film was in the works. There’s a script, a director, and the stars are all in, but the project just couldn’t lock in the right financing. But this week the most excellent news ever is finally official. Bill & Ted Face the Music is a go.

Reeves is currently in production on John Wick: Chapter 3, which will be released in May 2019 and will star alongside Winona Ryder in Destination Wedding. After starring in the first two Bill and Ted installments, Winter also starred in The Lost Boys and has since has transitioned to writing and directing as well with credits including the Epix documentary Deep Web and VH1 documentary Downloaded. Recently, he directed and produced two short documentary films for Laura Poitras‘s “Field of Vision” – Relatively Free and Trump’s Lobby and up next has Zappa, the first all-access documentary on the life and times of Frank Zappa.

Dean Parisot (Galaxy Quest) will direct the film from a script by original writers Chris Matheson and Ed Solomon. Of course, Alex Winter and Keanu Reeves will reprise their roles almost three decades after the original two films, and Bill and Ted’s daughters will be joining their time-traveling adventures this time around.

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