Like it or not, The Matrix Reboot is coming.

According to The Hollywood Reporter, Warner Bros. is “in the early stages of developing a relaunch of The Matrix,” with Zak Penn in talks to write a first draft. Penn previously co-wrote X-Men: The Last Stand‘s script and worked on the story of Avengers Assemble, among other projects.

Original Matrix producer Joel Silver reportedly approached Warner Bros. with the idea of creating a new film in the franchise, but The Hollywood Reporter says the studio was worried about a range of issues, including his reputation for budgetary excess, and his relationship with Matrix trilogy creators the Wachowskis. The producer was also reported to have sold his interest in the Matrix movies in 2012 for some $30 million.

The Matrix was released in 1999 to universal acclaim, winning four Academy Awards and generating over $450 million at the worldwide box office.

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