Keanu Reeves Doubts 'Bill and Ted 3' Will Be Happening
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'We've been trying for a long time to get that film made, and it still has its challenges,' the actor says in a new interview.

AceShowbiz - Keanu Reeves has cast doubt on whether the long-awaited "Bill & Ted" movie will happen.

It was nearly 30 years ago that the Hollywood star first played teenager Ted 'Theodore' Logan, who teams up with buddy Bill S. Preston Esquire, played by Alex Winter, to travel through time to assemble historical figures for their high school project, in "Bill & Ted's Excellent Adventure".

The sequel to the 1989 comedy, "Bill & Ted's Bogus Journey", was released in 1991, and fans of the movies have been lobbying for another film to be made ever since.

In May, it was announced that a follow-up, "Bill & Ted Face The Music", was finally happening.

However, in a new interview with Yahoo News, Keanu hinted that the project is facing logistical problems.

"I don't know if it's a reality," the 53-year-old explained. "We've been trying for a long time to get that film made, and it still has its challenges. I really love the characters, and I think we have a good story to tell. Part of it is show business stuff - financing, rights, deals. Nothing creatively."

The third movie was reportedly due to focus on a middle-aged Bill and Ted still struggling to make their high school rock band, Wyld Stallyns, a success, and Keanu was excited about revisiting his loveable character.

"There'd be a lot about (Ted) that would be the same, I'm sure; his kind of optimistic naivete in the face of the darkness will still be there. He has a child now, so I'm sure he's matured," the actor said.

The sequel was officially announced at the Cannes Film Festival in May, with "Galaxy Quest" and "RED 2"'s Dean Parisot signing on to direct a script from "Bill & Ted" creators Chris Matheson and Ed Solomon.

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