After languishing in development for many years, New Line Cinema is finally moving forward in the right direction on the long-awaited adaptation of Stephen King's IT. Bill Skarsgard recently came aboard to portray the iconic clown Pennywise, with Jaeden Lieberher playing the leader of The Losers Club, Bill Denbrough. Today we have word that one of The Losers Club's main enemies has been cast, with Owen Teague (Bloodline) coming aboard to play one of the primary bullies.

The Hollywood Reporter reveals that Owen Teague has signed on to play Patrick Hocksetter, who is part of a group of bullies who torment The Losers Club. Hocksetter is said to be a psychopath who keeps a refrigerator full of the animals he has killed. None of the other bullies have been cast yet, but that may change soon since this cast is coming together swiftly.

The other members of The Losers Club will be played by Finn Wolfhard, Jack Dylan Grazer, Wyatt Oleff, Chosen Jacobs and Jeremy Ray Taylor, but their specific characters have yet to be identified. The story will be split into two movies, with the first centering on the young kids of The Losers Club as they must face their fears and defeat the evil clown Pennywise. The second movie will feature the same characters reuniting as adults who must put down this creature again, even though none of them remember the first encounter.

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Andres Muschietti (Mama) is directing from a script most recently written by Gary Doberman. Andres Muschietti stepped in to replace Cary Fukunaga back in July, after he left the project due to creative differences. We reported last May that the movie will be shot in New York City, but another report from February revealed that the adaptation will be R-rated, with shooting now set to begin in California at some point later this year.

Roy Lee is producing alongside Barbara Muschietti, Dan Lin, David Katzenberg and Seth Grahame-Smith. IT actually marks the second Stephen King adaptation for Owen Teague. The young actor stars in Cell, alongside John Cusack, Samuel L. Jackson and Isabelle Fuhrman. He also plays Nolan Rayburn on Netflix's critically-acclaimed series Bloodline, which just debuted its second season on the streaming service last week.