Hold onto your red balloons, horror fans, because the chilling world of Stephen King’s It might not be over just yet. Barbara Muschietti, co-creator of It: Welcome to Derry, has dropped a bombshell hint that It: Chapter Three could become a reality. But here’s where it gets controversial: Is the story truly finished, or are those lingering plot holes actually deliberate invitations to expand the universe? Let’s dive in.
Stephen King’s It universe is a sprawling nightmare, spanning films, TV series, and decades of terror. The 2017 and 2019 remakes, It: Chapter One and It: Chapter Two, were hailed as some of the franchise’s most successful adaptations. Now, Muschietti suggests there’s room for more—much more. In a recent interview with ScreenRant’s Grant Hermanns, she teased that the It universe still has untold stories, new characters, and enough gaps to potentially turn her films into a trilogy.
It: Welcome to Derry Season 1 may have wrapped, but its first installment left fans with plenty to ponder. Take Pennywise (Bill Skarsgård), the iconic clown whose fate remains shrouded in mystery. In a chilling exchange with Marge (Matilda Lawler), he hints that while Richie and his friends might be his downfall, his 'death' could just as easily be a rebirth. Is Pennywise truly gone, or is this the setup for a third chapter? The debate is already raging among fans.
What’s fascinating is how Muschietti views these story gaps. While many see plot holes as flaws, she embraces them as opportunities. Every unanswered question, she argues, is a new story waiting to be told. She even credits King’s original novel for its intentional (or happily accidental) gaps, which she and her brother, co-creator Andy Muschietti, have turned into creative gold.
The Muschietti siblings have been It enthusiasts since their teenage years, but their perspective on the story has evolved. Now in their early 50s and parents themselves, they bring a fresh lens to King’s work. Barbara assures fans that their journey in the It universe is far from over. ‘It’s a universe,’ she says. ‘There are characters that are still fascinating. There are more gaps.’ And this is the part most people miss: those gaps aren’t just mistakes—they’re invitations to explore.
As of now, It: Chapter Three and future seasons of It: Welcome to Derry remain unconfirmed. While the Muschiettis and co-creator Jason Fuchs have a three-season arc planned, HBO has yet to greenlight additional episodes. However, given the show’s critical acclaim and strong viewership, another season seems almost inevitable.
So, what do you think? Is Pennywise’s ‘rebirth’ a clever setup for a third film, or should the story end with Chapter Two? And are those plot holes in King’s novel intentional, or just happy accidents? Let us know in the comments—this is one debate that’s sure to keep fans up at night.
It: Welcome to Derry Season 1 is currently streaming on HBO Max, with a release date of October 26, 2025. Directed by Andy Muschietti, Charlotte Hanlon, and Jovan Adepo, and written by Jason Fuchs, Stephen King, and Austin Guzman, the series blends horror, mystery, and drama into a chilling experience you won’t forget.