In a dramatic turn of events, Pedro Pascal is poised to take the lead role in Todd Haynes' highly anticipated gay romance film, "De Noche," as confirmed by The Hollywood Reporter.

The project hit the headlines last August after Joaquin Phoenix unexpectedly dropped out just five days before filming was set to kick off in the vibrant locale of Guadalajara, Mexico. The film promises to explore the depths of an intense gay romance set in the 1930s, with Danny Ramirez already on board to co-star.

Produced by Killer Films under the watchful eyes of Christine Vachon and Pam Koffler, Pascal has been a strong contender for the lead role since late last year, although the news is only now coming to light.

Phoenix was instrumental in bringing this project to Haynes, working closely with the director during its development. However, details surrounding his sudden exit remain murky, with sources indicating that the film's team was left devastated.

Adding to the buzz, Pascal recently shared the screen with Phoenix in Ari Aster's "Eddington," and has been making waves this summer with appearances in "Materialists" and "The Fantastic Four: First Steps." Fans are eagerly anticipating his return in the next season of "The Mandalorian," and he has also garnered critical acclaim with an Emmy nomination for HBO's hit series "The Last of Us" earlier this year.

Todd Haynes, known for his masterful storytelling, recently directed Netflix's "May December," which starred Julianne Moore and Natalie Portman and received an Academy Award nomination for its screenplay. With acclaimed films like "Far From Heaven" and "Carol" under his belt, Haynes continues to be a powerful force in queer cinema.

Deadline was the first to break the news of Pascal's potential involvement, further heightening excitement around this ambitious project.