The Matrix: Resurrections is finally out and the world has gotten to see where one of the most famous sci-fi trilogies has taken its new chapter. The verdict for the film seems to be split down the middle. Still, fans are asking, “Will The Matrix 5 happen?”. It wasn’t like anyone expected to see a fourth film. Both Keanu Reeves and Carrie-Anne Moss returned to reprise their respective roles as Neo and Trinity. No one ever thought that either of the Wachowski’s would return to direct a new installment, the same with the aforementioned actors. However, now that the new film is out, the producer has come out to state that there are “no sequel or prequel plans” for The Matrix 5.
The studio could have been waiting to see how The Matrix: Resurrections was received, or rather if the new film would be a box office bomb or not to truly wait to give the “go ahead” to The Matrix 5. That seems to be the case currently, as the new film isn’t exactly doing that well in the theaters. The Matrix: Resurrections is currently at $105 million worldwide, but the film cost $190 million to make. That is a box office “flop” currently. That could be a big reason why another film would not be green-lit. According to producer James McTeigue, “I think, at the moment, it’s just the movie you’ve seen. We’ve got no prequel in mind. We’ve got no sequel in mind. We’ve got no further trilogy.”
That could be due to the fact that both Warner Bros studios and Lana Wachowski were wanting to take a chance at resurrecting the franchise, pun intended. However, their efforts could be totally misplaced as the box office numbers are clearly portrayed. The Matrix 5 would need to be a bigger monetary success for the studio to want to keep the franchise going, at least in the grand scheme of the business aspect of making films.
McTeigue went into the financials towards the end of the interview. He said, “There’s always the financial part of it. There’s always the filmmakers who want to make the films, and there’s always the studios or the streamers who have the money to facilitate that.” That certainly won’t be the case if The Matrix: Resurrections continues to make well under its budget. It’s hard to imagine enough will now be made to justify The Matrix 5 plans.
Of course, it’s difficult for the public to judge the monetary success of the film in its entirety, since the Keanu Reeves film went to HBO Max for streaming on the date of release. HBO Max doesn’t release information to the public on how they judge their financial success with the streaming service. It’s unknown how that may affect The Matrix 5 plans as they move forward.
However, McTeigue dove into what a potential prequel or sequel would look like. His pitch for a future film was, “What happened in those 60 years before they fished Neo out again, or Thomas Anderson to Neo. When Neo and Trinity are there at the end, and they’re talking with the analyst, what do they actually mean that they’re going to change? So I think that it’s out there, but it’s not in our wheelhouse at the moment.” What is odd about this statement is that it could seem that there is certainly the groundwork for a potential new film, because that storyline or storylines for a potential The Matrix 5 are pretty specific.
The collective world would love nothing more than to see Keanu Reeves succeed even further as he is one of the most beloved actors in all of Hollywood, but it sounds as if his return as Neo in The Matrix 5 might not be on the horizon. The good thing is the script was good enough to lure him back into playing the character that he claimed he would never go back to. The Matrix trilogy had been wrapped up since 2003, so to spend so much time away from a certain story may have damaged the franchise more than it helped it.