There is no shortage of Stephen King adaptations heading to both the big and small screen over the next couple of years, but a fan favorite is finally getting done. The IT remake has been in development hell for quite some time, but now with a director firmly in place and even a release date locked down, the project is moving forward and has started the casting process. Jaeden Lieberher has been tapped to play one of the members of The Losers Club.

Lieberher had a couple of breakout roles in St. Vincent alongside Bill Murray and earlier this year in the indie sci-fi flick Midnight Special. He will be playing Bill Denbrough, the leader of the young friend group known as The Losers Club. The role was originally played by Jonathan Brandis in the TV mini series that up until now has been the only live action adaptation of the beloved novel.

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This news comes on the heels of another huge announcement that Hemlock Grove star Bill Skarsgard will be taking on the role of Pennywise the clown, who the main characters in It have to fight as kids and later as adults. The Pennywise casting may come as a bit of surprise because not all that long ago We're The Millers star Will Poulter was announced to be taking on the role of the famous scary clown. That clearly didn't pan out, as the current creative team seems to have a bit of a different take on the material.

Prior to the iteration of the project that is currently gearing up for production, True Detective creator Cary Fukunaga was tapped to direct the film, but he dropped out and Mama helmer Andres Muschietti stepped in. Muschietti then conducted a rewrite of the script and it is very possible that this change in direction is what resulted is Poulter exiting the role.

New Line has said that they plan to make It a two-part movie, which makes total sense given the story. The first film will focus on the younger cast of actors that Lieberher will be a part of and the second film will focus on the same group of people who are all grown up and have to team back up to fight Pennywise. Barbara Muschietti, Roy Lee, Dan Lin, David Katzenberg and Seth Grahame-Smith are on board to produce the film as well.

Though many people are familiar with It from the original TV mini-series from the 90s, which featured Tim Curry as Pennywise, this new film will actually be the first big screen adaptation of King's book. As of right now there is no word on who else will be part of The Losers Club alongside Lieberher or who will be taking on the roles of the older versions of the characters, but we will surely find out soon since the film is heading into production. It is currently slated for a September 8, 2017 release.