Wolff will play a young boy, name Light in the source material, who finds a mysterious supernatural journal that kills anyone whose name is written inside of it. This leads to game of wits between Light and a genius, eccentric, and reclusive police detective.
Death Note was originally created as a manga series by Takeshi Obata. The popularity of the series spawned an anime adaptation and a Japanese live action film, which was itself successful enough to warrant a sequel.
The Warner Bros. project is being directed by Adam Wingard (V/H/S), and produced by Roy Lee, Dan Lin, Jason Hoffs and Masi Oka. Jeremy Slater (Fantastic Four) wrote the most recent draft of the script.
Production on Death Note is set to begin next spring.