Warner Bros has announced the development of "Matrix 5," a new installment in the iconic sci-fi franchise. The film will be directed by filmmaker Drew Goddard, known for his work on movies like "The Cloverfield," "World War Z," and "The Martian." Former co-director-writer Lana Wachowski is serving as an executive producer for the project. Plot details are currently undisclosed, and it's unclear if the original cast will return.