20 November 2012 8:33 AM, PST | Movies.com | See recent Movies.com news »

Update: Looks like this is a hoax story, as EW, who were said to be the source of the story, claim it's not real. And yeah, we're actually pretty bummed about that. [via First Showing] Original story below ... Recent appearances on Saturday Night Live prove Mike Myers and Dana Carvey can still rock out pretty hard as Wayne and Garth, but is there enough juice left creatively for an entire Wayne's World movie? Apparently so as Entertainment Weekly [via JoBlo] reports that Mike Myers has finished a first draft of Wayne's World 3, which will wisely pick up years later as Wayne and Garth attempt to cope with the fact that everything has shifted online.  The story will primarily focus on "Wayne and Garth coping with the new era of music, transitioning...

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- Erik Davis

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