Just when you thought it was safe to go back to the circus, the clown that instilled a clown phobia in millions is back! That’s right, Stephan King’s IT is rumored to be making a comeback. Warner Brothers would like to film a big screen remake of this nostalgic horror classic.

Stephen King’s iconic novel is being adapted for the big screen by screen writer Dave Kajganich, and the project is being managed by Lin Pictures and Vertigo Entertainment. Much of the story will likely remain the same, except it is reported that the big screen remake will be set in present day rather than the novel’s timeframes which were 1958 and 1985. If the success of the 1986 novel and subsequent 1990 miniseries are any indication, the big screen remake should be a huge success.