No official word yet on if Director Andy Muschietti will sign on to direct the sequel, but the plan to do this film right was to divide the story into a two-part tale. What I can confirm is that one of the first film’s screenwriters, Gary Dauberman, has signed on to write the second film. Produces Barbara Muschietti, Roy Lee, Dan Lin, Seth Grahame-Smith and David Katzenberg are all rumored to return.
The novel itself is over 1,000 pages which tells the story of a monstrous creature that terrorizes the small town of Derry, ME. A group of kids, known as “The Losers’ Club,” come together to defeat IT for good. Flash Forward 27 years later, when they quickly realize that the creature is still around, forcing them to relive painful memories from their past.The novel jumps between timelines, using flashbacks as a way to see what the group was like as kids while the story unravels in the “present.” The book was first brought to life as a miniseries and went the same route as the book did, giving it a three-hour runtime to explore the characters as adults and kids.
Going into IT’s release, it was only expected to pull in nearly $50 million in its opening weekend. That number was quickly shattered with an spectacular $123 million opening weekend.
No official cast as been confirmed, but it's guaranteed that Bill Skarsgard will return as Pennywise. So, get excited for IT: Chapter 2 creeping into theaters in 2019 and see IT: Chapter 1 in theaters now.