The Doctor Strange actor, who is now starring in Showtime and Sky drama Patrick Melrose, will front Brexit (w/t), a political thriller written by playwright James Graham, best known for political plays such as The Vote, as well as recently Who Wants To Be A Millionaire? play Quiz.
Viewers may be familiar with the award-winning director Toby Haynes who has previously been involved with Black Mirror, Jonathan Strange & Mr Norrell, and Sherlock.
"Venturing from high street campaigning to top level political influence, and then stepping even further into the darker corners of the internet, Brexit sets out not to be an analysis of who was right and who was wrong, but rather is the story of how it happened, and why".
"I'm so excited - not to mention a little nervous - to have this chance to try and get under the skin of what happened during that historic vote", added Graham. "And we're hugely excited that Toby Haynes will be directing this film for Channel 4". I hope by going behind-the-scenes of the campaign, we're able to interrogate the consequences of what happened during these 8 weeks that have changed the country forever.
"James' whip smart, amusing and insightful writing is a breath of fresh air", said Beth Willis, head of drama at Channel 4.
While the announcement is exciting, the show is pegged to begin filming via Lynn Horsford later on this year.
A new Channel 4 drama will have Benedict Cumberbatch portray the role of the leading strategist.
The former Newsnight editor and Guardian deputy editor said he was committed to looking for diverse and new voices, while "doubling down on some of our shows which are more popular with younger viewers".