The Matrix Revolutions, the third instalment, was met with mixed reception. According to review aggregator Rotten Tomatoes, the consensus was that "characters and ideas take a back seat to the special effects". Paul Clinton, writing for CNN, praised the special effects but felt Reeves' character was "dazed and confused". In contrast, the San Francisco Chronicle's Carla Meyer was highly critical of the special effects, writing, "[The Wachowskis] computer-generated imagery goes from dazzling to deadening in action scenes that favor heavy, clanking weaponry over the martial-arts moves that thrilled viewers of The Matrix and The Matrix Reloaded." Nevertheless, the film grossed a healthy $427 million worldwide, although less than the two previous films. Something's Gotta Give, a romantic comedy, was Reeves' last release of 2003. He co-starred with Jack Nicholson and Diane Keaton, and played Dr. Julian Mercer in the film. Something's Gotta Give received generally favourable reviews.
In 1989, Reeves starred in the comedy-drama Parenthood directed by Ron Howard. Nick Hilditch of the BBC gave the film three out of five stars, calling it a "feelgood movie" with an "extensive and entertaining ensemble cast". In 1990, Reeves gave two acting performances. He portrayed an incompetent hitman in the black comedy I Love You to Death, and played Martin, a radio station employee in the comedy Tune in Tomorrow. He also appeared in Paula Abdul's music video for Rush Rush which featured a Rebel Without a Cause motif, with him in the James Dean role.
More InfoReeves starred alongside Patrick Swayze, Lori Petty and Gary Busey in the action thriller Point Break (1991), directed by Kathryn Bigelow. He plays an undercover FBI agent tasked with investigating the identities of a group of bank robbers. To prepare for the film, Reeves and his co-stars took surfing lessons with professional surfer Dennis Jarvis in Hawaii. Reeves had never surfed before. Upon its release, Point Break was generally well-received, and a commercial success, earning $83.5 million at the box office. Reeves' performance was praised by The New York Times for "considerable discipline and range", adding, "He moves easily between the buttoned-down demeanor that suits a police procedural story and the loose-jointed manner of his comic roles". Writing for The Washington Post, Hal Hinson called Reeves the "perfect choice" and praised the surfing scenes, but opined "the filmmakers have their characters make the most ludicrously illogical choices imaginable". At the 1992 MTV Movie Awards, Reeves won the Most Desirable Male award.
More InfoIn 1992, he played Jonathan Harker in Francis Ford Coppola's Gothic horror Bram Stoker's Dracula, based on Stoker's 1897 novel Dracula. Starring alongside Gary Oldman, Winona Ryder and Anthony Hopkins, the film was critically and commercially successful. It grossed $215.8 million worldwide. For his role, Reeves was required to speak with an English accent, which drew some criticism; "Overly posh and entirely ridiculous, Reeves's performance is as painful as it is hilarious", wrote Limara Salt of Virgin Media. Recalling the experience in 2015, director Coppola said, "[Reeves] tried so hard ... He wanted to do it perfectly and in trying to do it perfectly it came off as stilted". Bram Stoker's Dracula was nominated for four Academy Awards, winning three in Best Costume Design, Best Sound Editing and Best Makeup. The film also received four nominations at the British Academy Film Awards.
More InfoHe starred in the action thriller Speed (1994) alongside Sandra Bullock and Dennis Hopper. He plays police officer Jack Traven, who must prevent a bus from exploding by keeping its speed above 50 mph. Speed was the directorial debut of Dutch director Jan de Bont. Several actors were considered for the lead role, but Reeves was chosen because Bont was impressed with his Point Break performance. To look the part, Reeves shaved all his hair off and spent two months in the gym to gain muscle mass. During production, Reeves' friend River Phoenix (and co-star in My Own Private Idaho) died, resulting in adjustments to the filming schedule to allow him to mourn. Speed was released on June 10 to a critically acclaimed response. Gene Siskel of the Chicago Tribune lauded Reeves, calling him "absolutely charismatic ... giving a performance juiced with joy as he jumps through elevator shafts ... and atop a subway train". David Ansen, writing for Newsweek, summarized Speed as, "Relentless without being overbearing, this is one likely blockbuster that doesn't feel too big for its britches. It's a friendly juggernaut". The film grossed $35 million from a $30 million budget and won two Academy Awards in 1995 – Best Sound Editing and Best Sound.
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