It can be anything. A fanged monster that won't stay on the movie screen. Something ominous lurking in the basement. A malevolent force in a small New England town takes the shape of a clown, but It isn't clowning around. Instead, It terrifies youngsters with their innermost fears, bringing some to their untimely doom -- until a group of wily neighborhood kids fight back. Thirty years later the evil resurfaces: meaner, angrier, deadlier. And the friends...

Sad Clown Javier finds work in a circus and befriends a cast of characters, including brutish Happy Clown Sergio, who humiliates Javier daily in the name of entertainment. He also meets Natalia, a gorgeous acrobat and abused wife of Sergio. Javier falls deeply in love with her and tries to rescue her from her cruel, violent husband, unleashing Sergio's jealousy. With neither man willing to back down, the twisted love triangle evolves into a ferocious...