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Keanu Reeves and Alex Winter AKA Bill and Ted. AP

Most excellent news: Bill and Ted are coming back for a sequel

The news was announced yesterday.

ALMOST THREE DECADES later, Bill & Ted’s Excellent Adventure is getting a new sequel.

Keanu Reeves and Alex Winter will reprise their roles as Ted Logan and Bill S Preston Esq in a third adventure and the first in 27 years.

The project was announced on Tuesday at the Cannes Film Festival, with MGM’s Orion Pictures set to release the film, titled Bill & Ted Face the Music.

The script is by original creators Chris Matheson and Ed Solomon. Dean Parisot will direct.

It will be the third installment in the franchise that began with 1989′s Bill & Ted’s Excellent Adventure and followed up with 1991′s Bill & Ted’s Bogus Journey.

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