Variety has confirmed that a fourth Matrix movie is forthcoming. The movie industry trade publication reports that the sequel is being written and directed by Lana Wachowski and will star Keanu Reeves and Carrie-Anne Moss. Variety also reports that "execs are looking a variety of actors" to play a young Morpheus, a character that was originated by Laurence Fishburne.

“We could not be more excited to be re-entering ‘The Matrix’ with Lana,” said Warner Bros. Picture Group chairman Toby Emmerich in a statement. “Lana is a true visionary—a singular and original creative filmmaker—and we are thrilled that she is writing, directing and producing this new chapter in ‘The Matrix’ universe.”

Wachowski said the she felt the dystopian action series is more relevant than ever, noting that she was elated to get the gang back together.

“Many of the ideas Lilly and I explored 20 years ago about our reality are even more relevant now," she said. "I’m very happy to have these characters back in my life and grateful for another chance to work with my brilliant friends."

Rumors of a new Matrix movie have swirled for years, with Matrix stuntman and John Wick director Chad Stahelski seemingly spilling the beans back in May.

"I’m super happy that the Wachowskis are not just doing a Matrix, but they’re expanding what we all loved," Stahelski said in an interview with Yahoo. "And if it’s anywhere near the level of what they’ve already done, it wouldn’t take more than a call to go, ‘Hey, we want you to be a stunt guy’ and I would probably go and get hit by a car." 

Like Reeves before him, Stahelski seemed ready to do anything he could to help the Wachowskis bring a continuation of their series to the screen.

"If they wanted help, I would absolutely put down whatever I was doing to help them," he said. It's worth pointing out that Lana's sister, Lilly Wachowski, is not currently attached to the project.