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Entertainment website Soompi confirmed the news quoting a source close to the production.
“It is true that IU will be starring in the film,” the insider told Soompi.
The actor, whose real name is Lee Ji-eun, has previously starred in popular dramas like “My Mister”, “Hotel del Luna”, and “The Producers”.
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His upcoming film also features “Parasite” star Song Kang-ho, “Kingdom” star Bae Doona and Gang Dong-wan of “Peninsula” fame.
“Broker” is a story about baby boxes, which are set up for people who are no longer able to provide for their babies to anonymously give them up.
Zip Cinema is producing with CJ Entertainment, the company which distributed “Parasite” in South Korea, is investing, handling local distribution and international sales.
Filming on “Broker” is expected to commence this year.
Meanwhile, IU is also set to star in the upcoming Korean film ‘Dream’, alongside Park Seo-joon, known for Oscar-winning film “Parasite” and series such as “What”s Wrong with Secretary Kim’ and ‘Itaewon Class’.