Keanu Reeves & Alex Winter Set to Return for Third Installment of BILL & TED

According to Variety, Keanu Reeves and Alex Winter will re-team on "Bill & Ted Face the Music" - the third installment of the comedy franchise.

Reeves will reprise his role Ted "Theodore" Logan and Winter is portraying Bill S. Preston Esq. The two previous titles were "Bill & Ted's Excellent Adventure" in 1989 and "Bill & Ted's Bogus Journey" in 1991.

Original creators Chris Matheson and Ed Solomon have penned the script, with Dean Parisot ("Galaxy Quest") confirmed to direct. Scott Kroopf ("Limitless") will produce with Alex Lebovici and Steve Ponce of Hammerstone Studios, with Steven Soderbergh executive producing alongside Scott Fischer, John Ryan Jr., and John Santilli.

"We couldn't be more excited to get the whole band back together again," Reeves and Winter said. "Chris and Ed wrote an amazing script, and with Dean at the helm, we've got a dream team" reports Variety.

Bill & Ted is an American film series featuring William "Bill" S. Preston Esq. (Alex Winter) and Theodore "Ted" Theodore Logan (Keanu Reeves) as two metalhead slackers who travel through time. The first Bill & Ted film, Bill & Ted's Excellent Adventure, was released on February 17, 1989, followed by a sequel two years later entitled Bill & Ted's Bogus Journey. A third film, Bill & Ted Face the Music, as of May 2018 is currently in pre-production. No release date has been announced.

In 1990, a spin-off animated television series Bill & Ted's Excellent Adventures was produced with Alex Winter and Keanu Reeves reprising their roles. A second season featuring none of the original cast was made in 1991 followed by a short-lived live-action television series in 1992. The characters have also featured in other media including several video games and a comic book. Since Orion Pictures is defunct, MGM now owns the rights to Bill & Ted.

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