It’s been a long and weary road through Derry for Warner Brother’s new adaptation of “It”, the Stephen King classic that scared the pants off of a generation by introducing them to Pennywise the Clown.

First the studio was reportedly butting heads with “True Detective” season one director Cary Fukunaga which led to his eventual departure from the project, and now Will Poulter, who had been cast as the film’s Pennywise, appears to have jumped ship as well.

But now Variety is reporting that Warner Brothers will move forward with the project, led by “Mama” director Andres Muschietti.

The Variety report seems to imply that the film will be in two parts, with the first focusing on the opening half of King’s novel that’s focused on a group of school chums that call themselves the Losers Gang fighting a supernatural evil in rural Maine, and the second film featuring those children grown up and returning to combat another crisis in their home town. For what it’s worth, author King seems plenty excited about the project: