UPDATE: This is all bullshit.
Back in 2003, when the final Matrix film, Matrix: Revolutions was frustrating the shit out of audiences worldwide, the Wachowski Brothers swore up and down that they were finished playing around in the Matrix and wanted to move on to other projects. They then proceeded to spend the next 8 years dicking around developing terrible video games, butchering a classic work of graphic literature (V for Vendetta), and directing only one film – the financially disastrous Speed Racer (A movie that I actually enjoy). Now it seems the enigmatic brothers need to pay some bills (and get some more cash flow for the Larry Wachowski leather-fetish fund), because Keanu Reeves says there’s more Matrix movies on the way:
“Keanu met with the Wachowski’s (no emphasis on the word brothers), for lunch over Christmas and stated that they had completed work on a two picture script treatment that would see him return to the world of the matrix as Neo. Says the brothers have met with Jim Cameron to discuss the pro’s and con’s of 3D and are looking to deliver something which has never been seen again. keanu stated that he still has an obligation to the fans to deliver a movie worthy of the title “The Matrix” and he swears this time that the treatment will truly revolutionise the action genre like the first movie. Wachowski’s are working on a movie called “Cloud Atlas” at the moment, once that concludes they will talk again.”
Credit: Aint It Cool News