Hoyeon and Theo James will star in The Hole, inspired by the Hye-young Pyun novel.
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The movie show's Owen's healing process as his mother-in-law discovers the couple's secrets.
Hoyeon starred in Squid Games and Disclaimer, while James is known for his roles in Season 2 of The White Lotus and The Divergent films.
Filming will be split between locations in the U.S. and South Korea.