‘It’ Prequel Series in the Works at HBO Max

variety.com:

Joe Otterson TV ReporterA prequel to “It” is in development at HBO Max, Variety has learned from sources.The series, currently called “Welcome to Derry,” will begin in the 1960s in the time leading up to the events of “It: Part One,” the 2017 film based on the Stephen King horror novel.

The story is also said to include the origin story of Pennywise the Clown.Andy Muschietti, who directed “It: Part One” and 2019’s “It: Part Two,” is attached to executive produce the series along with Barbara Muschietti and Jason Fuchs.

According to sources, Muschiettis and Fuchs developed the story for the show with Fuchs writing the script. the  A mini-writers’ room is now open.

Warner Bros. Television is the studio behind the project, with WB having produced the two films. Reps for HBO Max and WBTV declined to comment.Should the project go forward, it would be the latest example of HBO Max building a series component into an existing WB film franchise.