'The Matrix' Reboot in the Works

www.hollywoodreporter.com

Borys Kit, Kim Masters, and Rebecca Ford:

It’s still not clear what shape the project will take, but sources tell The Hollywood Reporter that Warner Bros. is in the early stages of developing a relaunch of The Matrix, the iconic 1999 sci-fi movie that is considered one of the most original films in cinematic history, with Zak Penn in talks to write a treatment.

But:

While promoting John Wick: Chapter 2, Reeves said he would be open to returning for another installment of the franchise if the Wachowskis were involved. "They would have to write it and direct it. And then we’d see what the story is, but yeah, I dunno, that’d be weird, but why not?” he told Yahoo Movies. However, it is likely that Warners will look elsewhere to attract an A-list director and star.
While some at Warners consider the title among the studio’s sacrosanct properties, such as Casablanca, others see a need to redevelop it in an environment where studios are desperately looking for ways to monetize their libraries and branded IP is hard to come by.

That, Mr. Anderson, is the sound of inevitability... 

Almost zero chance they don't fuck this up. Of course, many people think the Wachowskis already fucked up the sequels. But looking back, they weren't so bad. The Matrix Reloaded, in particular, has its moments. Though maybe it has just been too long since I've watched them. But I'm certain they were infinitely better than the Star Wars prequels

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