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Posted by mijakos on September 20th, 2017

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In October 1988, Bill Denbrough gives his seven-year-old brother, Georgie, a sailboat made from paper. Georgie takes the boat out onto the street and is unable to stop it from sailing down the storm drain. In the storm drain, he finds a figure dressed as a clown who introduces himself as "Pennywise the Dancing Clown." The clown severs Georgie's arm when Georgie reaches into the drain for his boat, then drags him into the sewer.

Eight months later, in June 1989, Bill and his friends Richie Tozier, Eddie Kaspbrak and Stanley Uris run afoul of bully Henry Bowers and his gang. Bill, still haunted by Georgie's disappearance and the resulting neglect from his grief-stricken parents, discovers that his brother's body may have washed up in a marshy wasteland called the Barrens. He recruits his friends to check it out, believing his brother may still be alive.

Ben Hanscom, who has recently moved to Derry, learns that the town has been plagued by unexplained tragedies and child disappearances for centuries. He encounters a burned, headless boy in the library and runs into Bowers' violent gang. He flees into the Barrens, meeting Bill's group. They find the sneaker of a missing girl and Bowers' friend, Patrick Hockstetter, is killed by Pennywise.

The next day, they each have a nightmarish encounter with Pennywise. Later, Bill and his friends discover Bowers' gang beating up Mike Hanlon. They chase the bullies off and befriend Mike.

A few weeks later, the group, who now refer to themselves as "The Losers Club," realize that they are each being terrorized by the same entity. They determine that "It" assumes the appearance of what they fear, awakens every 27 years to feed on the children of Derry before returning to hibernation, and moves about by using the sewers around Derry's well, upon which 29 Neibolt Street—a run-down, abandoned house near the train yard—is built. Pennywise appears and the Losers fight It off before going to the Neibolt house. Eddie breaks his arm inside by falling before Pennywise emerges. Beverly Marsh impales It through the head, forcing the clown to retreat. The group begins to splinter, with Richie, Stan and Mike abandoning the others when Bill insists that they continue to hunt It.

One day in August, Beverley manages to incapacitate her father when he attempts to rape her. She is abducted by Pennywise and Bill reassembles the Losers to mount a rescue. It compels Bowers to murder his abusive father before sending him to kill the Losers. At the Neibolt house, Mike is attacked by Bowers. He pushes Bowers down the well, where Bowers seemingly falls to his death. The Losers find It's lair in an underground cooling tower containing a mountain of decaying circus props, children's belongings, and the floating bodies of the missing children of Derry. They find Beverley in a catatonic state after Pennywise exposed her to It's true form. Ben kisses Beverley, restoring her consciousness. It, as Georgie, attempts to trick Bill but fails when Bill shoots It. It then attacks the group before taking Bill hostage, offering to spare the others if they allow It to eat their friend. They break Bill free and brutally fight Pennywise. Despite It's attempts to use their fears against them, Pennywise is mortally wounded and cornered by the Losers. Bill tells Pennywise that they know It needs their fear to survive and that they are now starving the creature by making It afraid of them. Knowing it has no more power over them, Pennywise escapes into a deep pit. Upon discovering Georgie's yellow raincoat, Bill accepts his brother's death and emotionally breaks down.