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The 18-year-old, who has been in the business since she was 12, will be playing a princess who runs away before being kidnapped by giants, Variety reports.
Hoult will portray the farmer who rescues her from the land of giants outside the kingdom.
Tomlinson made her debut in The Illusionist as a younger version of Jessica Biel's character.
More: Eleanor Tomlinson, Movies
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