It is time to enter “The Matrix” for the fourth time.

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Warner Bros. Pictures confirmed to ET Canada that the next instalment in “The Matrix” franchise is a go. Lead stars Keanu Reeves and Carrie-Anne Moss are returning for the new movie in their roles as Neo and Trinity, while “The Matrix” co-creator Lana Wachowski is set to co-write and direct “The Matrix 4”.

“I’m very happy to have these characters back in my life and grateful for another chance to work with my brilliant friends,” said Wachowski in a statement to ET Canada.

Warner Bros. will once again co-produce the film with Village Roadshow.

The upcoming film marks a return to the franchise 16 years in the making. The original trilogy – “The Matrix” (1999), “The Matrix Reloaded” (2003) and “The Matrix Revolutions” (2003) – generated more than $1.6 billion at the global box office.

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The news comes during a time of renewed interest for “The Matrix”,  with select theatres in North America set to show screenings of the first film starting August 30 in celebration of its 20th anniversary.

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