Bill & Ted is not the only long-dormant franchise Keanu Reeves is returning to. Variety reports that Reeves will reprise his role as Neo in a fourth Matrix film, with Carrie-Anne Moss also on board as Trinity. Lana Wachowski, one-half of the sibling duo that made the 1999 smash hit and its two sequels, will direct from a script she co-wrote with Aleksandar Hemon and David Mitchell. Variety says production starts in early 2020. No word on whether Laurence Fishburne will be back as Morpheus or Hugo Weaving will reprise his role as villain Agent Smith. "Many of the ideas Lilly [Wachowski] and I explored 20 years ago about our reality are even more relevant now. I’m very happy to have these characters back in my life and grateful for another chance to work with my brilliant friends," Wachowski said in a statement.

The Matrix was an absolute phenomenon when it came out in 1999 and influenced movies, television, video games, style and more for years to come. It's celebrating its 20th anniversary this year and there will be special anniversary screenings starting August 30.

The two sequels -- The Matrix Reloaded and The Matrix Revolutions, which were both released in 2003 -- were not as critically acclaimed as the original, but were still big hits. The Wachowskis have never quite matched either the critical or comercial success of The Matrix, having made Speed Racer, Cloud Atlas and Jupiter Ascending since, as well as trippy Netflix sci-fi series Sense8.

Watch the trailers for the three Matrix movies below.