Lionsgate says Keanu Reeves' John Wick 5 is in early development

Lionsgate Films confirms fifth installment of John Wick franchise

Spinoff film 'Ballerina' to release next year

Three other projects in development, including 'The Continental' TV series

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Fifth movie announcement surprises fans due to apparent demise of titular character

Franchise began in 2014, follows retired hitman John Wick on a quest for revenge

John Wick 4 receives positive reviews for its visuals and action