By Creative Media Times

Party on, dudes: 27 years after their last excellent adventure, time traveling metalheads Bill & Ted is set to return in “Bill & Ted Face the Music,” the third installment of the cult comedy franchise.

Keanu Reeves will reprise his Ted “Theodore” Logan role and Alex Winter will also be back as William “Bill” S. Preston Esq. The film was announced at the Cannes Film Festival.

Audiences last saw the duo on 1991’s “Bill & Ted’s Bogus Journey” which sees the two being killed by their evil android doubles, then attempt to come back by challenging the Grim Reaper to a series of games, and eventually returning to Earth for the Battle of the Bands.

According to the new film’s synopsis, Bilil & Ted now “find themselves as middle-aged dads still trying to crank out a hit song and fulfill their destiny.”

Bill & Ted franchise creators Ed Solomon (“Men in Black”) and Chris Matheson (“Mr. Wrong “) have written a script while and Dean Parisot (“Galaxy Quest”) will direct. The team has a marquee player on board this time in the form of Steven Soderbergh who is be executive producing with Scott Fischer, John Ryan Jr., John Santilli.

“Bill & Ted Face the Music” is currently in pre-production and no release date has been announced. MGM will release in the U.S. under their Orion Pictures banner.