While a third Bill & Ted movie has been in development for years, director Steven Soderbergh, the film's executive producer, confirmed that the long-awaited sequel Bill & Ted: Face the Music is hilarious and could be released around the end of the year.
"That'd be a good Christmas present," Soderbergh said, hinting at the film's possible release date during a Q&A session at the Slamdance film festival.
The long-awaited sequel to the story that began with Bill & Ted's Excellent Adventure and continued in Bill &Ted's Bogus Journey has been in development since 2010 and was confirmed last year with Alex Winter and Keanu Reeves reprising their lovable roles as William "Bill" S. Preston Esq and Thedore "Ted" Logan, musicians from the soon-to-be legendary rock band Wyld Stallyns.
The film is being directed by Galaxy Quest's Dean Parisot with a script from original Bill & Ted writers Chris Matheson and Ed Solomon, who told Soderbergh their ideas for the film while working together on the film project Mosaic. Soderbergh described the film as a passion project for everyone involved.
"Nobody's being paid," he joked while promoting his new film High Flying Bird.
Although the last time we saw Wyld Stallyns perform in San Dimas, California was in 1991, Reeves and Winter returned to voice the characters in Bill and Ted's Excellent Adventures animated series, although they did not return for the second season of that cartoon or for the live-action Bill & Ted's Excellent Adventures TV series.
Bill and Ted lived on in comics in a 12-issues Marvel Comics series by writer/artists Evan Dorkin in the early 1990s. More recently, BOOM! Studios released Bill & Ted's Most Triumphant Return, which picked up after Bogus Journey and followed that with Bill & Ted Go to Hell and Bill & Ted Save the Universe.