Skarsgård will join the recently announced Donnie Yen Shamier Anderson and Japanese-British popstar Rina Sawayama and Keanu Reeves who returns as the titular character.
Character details are being kept under wraps.
Stahelski will return to the helm of the project while Iwanyk, Erica Lee and Stahelski will produce. Reeves and Louise Rosner will serve as executive producers.
Filming will commence on the production this summer shooting on location in France, Germany and Japan.
Skarsgard is best known for his role as Pennywise in the ‘IT’ films, he has also starred in Netflix series ‘Hemlock Grove’ as Roman Godfrey, Netflix movie ‘The Devil All The Time’ as Willard Russell and Marvel’s ‘Deadpool 2’ as Axel Cluney / Zeitgeist.