Washington DC: The horror series 'It: Welcome to Derry' has been renewed for Season 2, reported Variety.

The series premiered on October 26 last year and is based on Stephen King's 'It' novel, building on the two-part 'It' film reboot from 2017 and 2019. The show serves as a prequel to the films.

The first season is mostly set in 1962 in the fictional town of Derry, Maine, and explores the town's earlier encounters with the evil shape-shifting clown, Pennywise. Season 2 will go back to 1935 and take place during the Great Depression, reported Variety.

Per the logline, the story "centers on the bloody massacre of the Bradley Gang, a group of bank robbers who stop in Derry to buy ammo and end up facing unimaginable horror." The Bradley Gang Massacre is one of the interludes in King's original novel.

The series was developed for television by Andy Muschietti, Barbara Muschietti and Jason Fuchs, all of whom worked on the new 'It' films. Brad Caleb Kane, who served as co-showrunner of Season 1 with Fuchs, is the sole showrunner of Season 2.

Variety reported that casting has not yet been announced for Season 2, but Season 1 starred Jovan Adepo, Taylour Paige, Chris Chalk, James Remar, Stephen Rider, Madeleine Stowe and Rudy Mancuso, with Bill Skarsgard reprising his role as Pennywise.

Andy Muschietti has directed multiple episodes of the first season. He and Barbara Muschietti executive produce through their Double Dream production company along with Kane, Roy Lee, Dan Lin, Jamie Travis and Dhana Gilbert. It is produced by HBO and Warner Bros. Television.