According to Keaunu Reeves and the article from the Guardian a UK paper, there is serious talk on regenerating the franchise to bring a 4th and 5th installment to the series. Keanu is quoted saying that “he still has an obligation to the fans to deliver a movie worthy of the title ‘The Matrix’ and he swears this time that the treatment will truly revolutionise the action genre like the first movie.” Also according to the same article that there is a claim that
He met the Wachowskis for lunch over Christmas and stated that they had completed work on a two-picture script treatment that would see him return to the world of the Matrix as Neo.
There was more talk about giving a new 3D experience something that no one has experienced ever before. With something like the Matrix films that can actually be a wild ride even if the movie story sucks it can be a visual feast. But looking on how the franchise was handled in the first place I can not see that happening. I can see them capitalizing on the new resurgence of fans to the movies. And maybe making something like the original that is ground breaking. This is one that I will keep an eye on and follow its progress as it happens.
To read the full article go the Guardian UK Keanu Reeves sees Matrix 4 and 5 on horizon
hehe on a side note. You know how hard it was not to write M8trix instead of matrix in this article.