Stephen King's 'It' to be made into Two Films

It's been 22 years since Pennywise the Dancing Clown scared the bejesus out of us in the TV miniseries based on Stephen King's novel It.

Well prepare for more circus-based fear as the novel is going to be made into not one, but two movies, according to The Hollywood Reporter.

Warner Bros has hired director Jane Eyre director Cary Fukunaga to helm and co-adapt the decades-long story of the serial killer clown who lives in the sewers. Chase Palmer will co-write the script.

The Hollywood Reporter says (and these may be spoilers so be warned) that the story follows a group of kids called the Losers Club that encounter a creature called 'It' in the 1950s, which preys on children (movie one?). When the creature resurfaces in the 80s, the kids are called upon to regroup again, this time as adults (movie two?) even though they have no memory of the first battle.

The book was previously adapted in 1990 as an ABC miniseries that starred John Ritter, Harry Anderson, Tim Reid, Annette O'Toole, Richard Thomas and Tim Curry as Pennywise. Warners picked up the rights in 2009 and originally intended to adapt it into a single movie.