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A fifth “Matrix” film is in the works and no, it’s not a simulation

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Red pill or blue pill, do you like it?

The beloved “Matrix” film franchise is expanding with an upcoming fifth installment, with the film’s original co-writer and co-director, Lana Wachowski, leading the charge as executive producer.

According to a press release from the Warner Bros. studio. Motion Picture Group sent out Wednesday, Oscar-nominated screenwriter Drew Goddard will write and direct the film alongside producing partner Sarah Esberg. (Warner Bros. Motion Picture Group is a subsidiary of CNN’s parent company, Warner Bros. Discovery.)

Jesse Ehrman, president of production at Warner Bros. Motion Pictures said in a statement Wednesday that Goddard “came to Warner Bros. with a new idea that we all thought would be an incredible way to continue the Matrix world, honoring both what Lana and Lilly (Wachowski ) started over 25 years ago and offers a unique perspective based on his own love of the series and characters.

Plot and casting details, including whether “Matrix” franchise star Keanu Reeves will return as his iconic character Neo, have not yet been released.

A representative for Reeves did not immediately respond to CNN’s request for comment on the new project.

Goddard made his directorial debut with the acclaimed 2011 horror film “The Cabin in the Woods,” then wrote and produced “The Martian” in 2015, winning an Academy Award for best adapted screenplay in the process.

“The Matrix” premiered in 1999 and stars Reeves, Laurence Fishburne, Hugo Weaving and Carrie-Anne Moss. The dystopian sci-fi epic follows Neo (Reeves), a computer hacker who is summoned to join a cyber-intelligence rebellion after discovering that humanity is trapped in a simulated reality known as the Matrix.

The first film, now a classic, grossed over $467 million at the time and became one of the highest-grossing theatrical releases of the year. It won four Academy Awards and spawned three sequels, including “The Matrix Reloaded” and “The Matrix Revolutions” in 2003, and “The Matrix Resurrections” in 2021.

Over the franchise’s 25-year history, it has grossed just under $2 billion worldwide, according to the studio.

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