Lilly Wachowski, co-director of The Matrix, says Hollywood is refusing to finance her next film because it features an all-transgender cast. The project, a dystopian political thriller called The Hunted, has a budget of around $10 million and is co-written by Wachowski. She said financiers have responded positively to the script, but they “really don’t want to make it” because of the film’s trans representation. Wachowski is still working to get the project out of late-stage development and into production, but she says the industry has been reluctant to back it. Her comments come at a time when transgender on-screen representation is facing setbacks in Hollywood. The Hunted would mark a notable project for trans visibility, with transgender actors filling every role. Wachowski, who came out as trans in 2016, previously directed Bound and the Matrix trilogy. The financiers' hesitation highlights the ongoing challenges trans-centered stories face in securing studio support, despite growing discussions about diversity in film.