There have been multiple reports seen across the internet about Bill & Ted 3 and well....we now have confirmation!!
According to the Hollywood Reporter the new movie is titled Bill & Ted Face the Music!
Here's what the Hollywood Reporter had to say about the movie:
"Currently in preproduction, Bill & Ted Face the Music will see the duo long past their days as time-traveling teenagers and now weighed down by middle age and the responsibilities of family. They’ve written thousands of tunes, but they have yet to write a good one, much less the greatest song ever written. With the fabric of time and space tearing around them, a visitor from the future warns our heroes that only their song can save life as we know it. Out of luck and fresh out of inspiration, Bill and Ted set out on a time travel adventure to seek the song that will set their world right and bring harmony in the universe as we know it. Together with the aid of their daughters, a new crop of historical figures, and some sympathetic music legends, they find much, much more than just a song."