Fans of the high-octane action franchise have reason to celebrate: Lionsgate has officially announced that John Wick 5 is in the works. The news broke during CinemaCon, where Adam Fogelson, the chair of Lionsgate Motion Picture Group, confirmed that the 60-year-old Keanu Reeves will reprise his iconic role as the legendary assassin. The development of John Wick: Chapter 5 has commenced, with the key creative team, including Thunder Road producers Basil Iwanyk and Erica Lee, franchise director and producer Chad Stahelski, and star and producer Keanu Reeves, all returning to the project. While no specific release date was announced, the anticipation among fans is already building.

The decision to greenlight another installment in the John Wick series comes as no surprise, especially after John Wick: Chapter 4 grossed over $440 million worldwide. Each film in the franchise has successfully outperformed its predecessor, a rare achievement in the film industry. However, the announcement raises questions given the conclusive ending of John Wick: Chapter 4.

***Warning!** Spoilers for John Wick: Chapter 4 follow.*