Movies With Butter

Bill & Ted 3 is getting closer to happening. Vulture has learned that Galaxy Quest's Dean Parisot is onboard to direct the comedy with Keanu Reeves and Alex Winter attached to star. Parisot will be working with a script by Ed Solomon and Chris Matheson, who also wrote the script for the first two Bill & Teds.

The plot for Bill & Ted 3 may involve the pair trying to write a piece of music that can save the world.

According to Vulture's sources, the plan is to make “a mid-priced studio comedy like Hot Tub Time-Machine,” so the final budget may be in the range of $35-$50 million. MGM is said to be looking for co-financiers for the movie.

The first movie, Bill & Ted's Excellent Adventure, has a domestic gross of $40 million at the box office while the second, Bill & Ted's Bogus Journey, has a domestic gross of $38 million. The budget for the two movies are estimated to be in the $10-$20 million range.

Before Parisot can get to Bill & Ted 3, he'll have to finish the Bruce Willis action-comedy, Red 2, which is currently in pre-production. Parisot is also attached to direct Walden Media's thriller Atlantis 7, a movie about a group of Navy SEALs on a mission to find the city of Atlantis. Depending on how things are structured, Parisot may work on Atlantis 7 before Bill & Ted 3.

Besides Reeves and Winter, William Sadler, who plays the Grim Reaper, may also return for the third movie.

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