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Krasinski will direct and star opposite actor Ryan Reynolds in the movie, which has been set up at Paramount Pictures.
The story is based on Krasinski’s original idea about a child’s journey to rediscover their imagination, according to Variety.
Carell has joined the cast of the film along with ”Roots” star Louis Gossett Jr, ”Minari” breakout Alan Kim and ”The Walking Dead” actor Cailey Fleming.
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The film is scheduled to be released on November 17, 2023.