Keanu Reeves And Alex Winter Tease Bill And Ted 3

(CNN)Most excellent news for supporters of the "everything old is new again" trend in Hollywood: Bill and Ted are making a new movie. Hammerstone Studios on Wednesday announced that production will begin this summer on a third installment of the "Bill & Ted" franchise, with Keanu Reeves and Alex Winter set to reprise their roles as the duo of metalhead slackers. "Bill & Ted Face the Music" will shoot in New Orleans, with Dean Parisot ("Galaxy Quest") on board to direct.