According to The Hollywood Reporter, Warner Bros. is bringing Stephen King’s It to the big screen in a new adaptation produced by Lin Pictures and Vertigo Entertainment. Dave Kajganich is set to write the script about a group of kids called the Losers Club that encounter a child-preying creature called It. When the creature resurfaces twenty years later, the clan meets up again to destroy what truly haunts them. It was adapted into an ABC miniseries in 1990 that starred John Ritter, Harry Anderson, Tim Reid, Annette O’Toole, Richard Thomas and Tim Curry as It’s favorite form, Pennywise the Clown. The novel, which takes place in 1958 and 1985, will…