The failure of Resurrections at the box office ends all hope for The Matrix 5.
Any possibility of a Matrix 5 has probably been eliminated by the box office disaster of The Matrix Resurrections. For over two decades, the general consensus was that the Matrix franchise, at least in terms of the major film series, had come to an end. Things came to a somewhat satisfying conclusion in The Matrix Revolutions, with Neo and Trinity both supposedly dead and at least a brief truce between humans and machines. Even though the movie caused a lot of controversy, it at least seemed to bring the plot to a close. The Matrix Resurrections then arrived to bring 2021 to a close. Even Lana Wachowski, who co-created the Matrix, returned to direct. Keanu Reeves reprised his role as Neo, Carrie-Ann Moss reprised her role as Trinity. Unfortunately, The Matrix Resurrections has received, at best, a mixed reception from audiences who had great expectations for this big comeback to the matrix universe. Even while the reviews from reviewers weren’t excellent, they weren’t outstanding either. The reaction from spectators was probably even more polarised, with there seeming to be little room for love or hate for the sequel. The Matrix Resurrections fans had some optimism that a Matrix 5 might be produced. The conclusion of Resurrections obviously leaves the door open for further adventure with the reunited Neo and Trinity, despite Wachowski and Reeves downplaying the prospect. Sadly, after many weeks of distribution, The Matrix Resurrections only brought in $125 million globally at the movie office. That makes it the least successful Matrix film to date, and it would need to generate $300 million more in cinema sales to even catch up to The Matrix Revolutions’ global take. There is some truth to the claim that The Matrix Resurrections’ simultaneous distribution on HBO Max hurt its box office potential, although there were other movies released simultaneously at home and in cinemas that were far more successful. The Matrix Resurrections, which reportedly cost around $200 million, will take significantly longer to start turning a profit for Warner Bros after marketing expenses. Time will tell whether the release of the sequel was accompanied by a rise in HBO Max subscribers that may have increased WB’s revenue. Even then, there would be a climb. All things considered, WB has very little reason to want to spend money creating a Matrix 5. One wonders whether The Matrix Resurrections would have done better if it had been a theater-only release, but on the other hand, its unimpressive reviews probably undermined its reputation as a blockbuster that required the large screen and surround sound that a theatre can only provide. There is less motivation to leave the home to watch a movie if it isn’t expected to be fantastic. The Matrix Resurrections’ divisive reception from viewers undoubtedly hindered its ability to rebound at the box office following a weak opening weekend. Despite The Matrix Resurrections sets things up, it’s very hard to see a Matrix 5 occurring unless The Matrix Resurrections is an absolute monster best-seller on home video. It’s debatable if that’s good or bad.