Bill and Ted's Bogus Journey. "Script done? Check. We love it? Check. Green light? Working on it!" Winter tweeted. The original film came out in 1989 and there was a sequel, Bill & Ted's Bogus Journey in 1991. The franchise also enjoyed success on TV thanks to an animated series. This isn't the first time this film has been "confirmed" however. In April last year Keanu Reeves promised the film was close.

He was quoted by PerezHilton.com as saying "I believe the writers are six weeks away from a draft [laughs]. No pressure, guys!" He went on to outline some basic plot points. "I know a little bit. But I don't know — the fellas went off and cooked it up. I don't know what happened when they put the elements together. When we last got together, part of it was that Bill and Ted were supposed to have written the song that saved the world, and it hasn't happened. So they've now become kind of possessed by trying to do that. Then there's an element of time and they have to go back." Even further back in September 2010, Alex Winter spoke at length about the third film. "We kicked around the idea over the years and had always thought if we could make something that was as kind of genuine in spirit as the originals and without falling prey to kind of retro cynicism or something that was unnecessary, it would be worth doing." "Now the cat's out of the bag, and the truth is that, yeah, we have finally hit upon an idea that we think is pretty great."

"We've been working on it for the past couple of years, honing that idea and getting it into shape. [Screenwriters Chris Matheson and Ed Solomon] are working on it now. The bottom line is that we still all feel like we need to sit down and look at a script and see if it's everything that it can be before we set about doing anything with it." "We would love to not be doing this when we're 60, I'll leave it at that. That would involve some major rewrites! In all seriousness, it's a question of when the script is done, when Reeves is free, when I'm free, and getting the whole damn thing up and running. It's a whole process. The first thing we have to do is see if we've got a script that we all agree on." with WENN