The plan all along was for this year’s IT to be the first film in a two-part adaptation of Stephen King’s novel, and that’s very much still the plan at this time. Granted, the sequel hasn’t yet been officially announced, but with IT set to smash box office records this weekend, it’s all but guaranteed.

In fact, the script is already being written as we speak.

The second film, which I suppose we can call IT: Part 2, will take place in present day and, of course, center on the Losers’ Club as adults who are forced to square off with Pennywise one more time; the sequel will also have flashbacks to 1989, we recently learned.

What else can we expect? In a chat with Metro UK this week, Pennywise actor Bill Skarsgård revealed that we’ll be learning more about Pennywise than ever before.

“I am attached to it but that’s all I can say, we’re in the early stages and I’m talking to Andy [Muschietti] about it and figuring out what It will be,” he told the site. “It’s a different story but I’m excited to delve in deeper to the character as there’s more exploration for who Pennywise is.”

He continued, “There is depth and a change in Pennywise from the first scene to the last [in the first film] and there’s a journey there, and I’m glad you said that and it resonated with you – that’s exactly what I want people to feel, ‘wait a minute what is this thing?’ And I think that’s what I wanted and that’s where I want to go for the second one, to delve into the psychological and metaphysical spaces of this transdimensional being.”

“We have to raise the ante and not just do the same thing again so I’m looking forward to that process.”

But first, Andy Muschietti’s IT arrives in theaters this weekend.