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‘Matrix’ Returning For Fifth Movie—Here's Why The Last Installment Struggled At The Box Office

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The upcoming movie will mark the first time a “Matrix” movie isn’t directed by Lana or Lily Wachowski.
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Warner Bros. announced Wednesday the fifth installment of its flagship cyberpunk movie franchise “The Matrix” is in development, years after the last movie in the franchise, “The Matrix Resurrections” released to mixed reviews and poor numbers at the box office.Key Facts

The fifth “Matrix” movie will be directed by Oscar-nominated screenwriter Drew Goddard (“The Martian”), marking the first time a movie from the franchise won’t be directed by Lana or Lily Wachowski.

The new movie will be executive produced by Lana Wachowski and bring a new perspective to the series while staying true to its first set of movies released in the late 90s and early 2000s, Warner Bros told Forbes in a statement.

“The Matrix Resurrections,” released in late 2021, brought back Keanu Reeves and Carrie-Anne Moss as main characters nearly 20 years after the last movie and received mixed reception from critics and audiences alike, scoring a 63% rating on Rotten Tomatoes.

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