'Bill & Ted 3' Actually Might Not Happen, Keanu Reeves Says

"I don't know if it's a reality"
'Bill & Ted 3' Actually Might Not Happen, Keanu Reeves Says
Keanu Reeves has delivered some seriously bogus news — Bill & Ted 3 might not be happening after all.

As previously reported this spring, the film, officially titled Bill & Ted Face the Music, was greenlit, with Reeves set to reprise his role as "Ted" Theodore Logan and Alex Winter to play "Bill" S. Preston Esq. Dean Parisot (Fun with Dick and Jane) was tapped to direct, and a script had been turned in by original Bill & Ted scribes Chris Matheson and Ed Solomon.

Despite all that, Reeves has now cast some serious doubt on the entire project in a new interview. Speaking to Yahoo!, the actor said he does not know if the film is "a reality," adding that a pile of "show business stuff" is threatening to kill the project.

"I don't know if it's a reality," Reeves said. "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."

That said, the third film doesn't seem to be totally dead in the water, as Reeves is still reflecting on what it could be like to reprise his role as Ted.

"It'll be interesting to see what that's like," he said. "There'd be a lot about him that would be the same, I'm sure; his kind of optimistic naïveté in the face of the darkness will still be there. He has a child now, so I'm sure he's matured."

In the May announcement, Bill & Ted Face the Music had MGM/Orion Pictures on board as a domestic distributor and Steven Soderbergh was named one of its producers. As of yet, the company has made no comment in response to the new Reeves' interview.

For now, stay tuned and keep those fingers crossed.