A fifth ‘Matrix’ movie is in the works and, no, this is not a simulation

Red pill or blue pill, anyone? A fifth installment of the beloved sci-fi film franchise “The Matrix” is in the works.

Red pill or blue pill, anyone? The beloved “Matrix” movie 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 film’s studio Warner Bros. Motion Picture Group sent on Wednesday, Oscar-nominated screenwriter Drew Goddard will write and direct the film alongside his producing partner Sarah Esberg. (Warner Bros. Motion Picture Group is a subsidiary of CNN’s parent company, Warner Bros. Discovery.) Jesse Ehrman, Warner Bros. Motion Pictures President of Production, said in a statement on Wednesday that Goddard “came to Warner Bros. with a new idea that we all believe would be an incredible way to continue the Matrix world, by both honoring what Lana and Lilly (Wachowski) began over 25-years ago and offering a unique perspective based on his own love of the series and characters.” Details on the plot and casting, 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 about the new project.