The 14-year-old actor, who plays Mike on the Netflix original, will feature opposite Mackenzie Davis in the Floria Sigismondi-directed film, reported Variety.
The movie is based on Henry James' novella "The Turn of the Screw", wherein a young woman hired as the nanny to two orphans who is convinced that the country mansion they live in is haunted.
Wolfhard will play one of the orphans.
Jade Bartlett is writing the most recent draft from Chad and Carey Hayes' original script.
Scott Bernstein and Roy Lee are attached as producers.
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