It is a 2017 American supernatural horror film based on Stephen King's 1986 novel of the same name. Produced by New Line Cinema, RatPac-Dune Entertainment, KatzSmith Productions, Lin Pictures, Vertigo Entertainment, and distributed by Warner Bros. It is the second adaptation of the novel following Tommy Lee Wallace's 1990 miniseries, and a sequel is planned. The film tells the story of seven children in Derry, Maine, who are terrorized by the eponymous being, only to face their own personal demons in the process. The film is also known as It: Part 1 – The Losers' Club.