The movies that get this sort of reboot/remake/sequel are generally movies that were popular at the time but don't hold up, much like Bill and Ted.
The new film will centre on the titular characters as they attempt to write a song to save the world.
"We couldn't be more excited to get the whole band back together again", Reeves and Winter say in a statement.
The Reporter said the plot has the time-traveling Bill and Ted as middle-aged family men who are warned by a visitor from the future that the fate of the universe hinges on their writing the greatest song ever. Stephen Herek directed the first film of the series, Peter Hewitt directed the second, and Dean Parisot (Galaxy Quest) is on board to direct the third. Parisot, known from television work, most recently with Good Girls, Santa Clarita Diet, Dirk Gently's Holistic Detective Agency and Justified, also fielded films such as RED 2 and Fun with Dick and Jane (the Jim Carrey remake).
"It's a cautionary tale where Bill and Ted are supposed to save the world", Keanu told WENN previous year. And better yet, we'll get to see Reeves shed the gruff, brooding persona that he's worn so well in the fantastic John Wick series (which the workaholic is now filming too!) and go back to the stoner persona that first launched him to fame. "The film is now in pre-production".
I don't know if you've actually seen Bill and Ted's Excellent Adventure, but it doesn't hold up to the march of time the way fellow beloved '80s films like Back to the Future, Raiders of the Lost Ark and Ghostbusters do. Steven Soderbergh, Scott Fischer, John Ryan Jr., and John Santilli are attached as executive producers. 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. "Bill & Ted's Excellent Adventure" hit theaters in 1989 and became a huge box office phenomenon.
There is no release date set yet, but we'll keep you posted.