The story begins in Derry, 1988, where a young boy named Bill makes a paper boat for his little brother George. However, George's boat falls into a sewer, and he encounters a dancing clown named Pennywise. Despite the warning signs, George stays and talks to Pennywise, who is revealed to be a pedophile and a monstrous entity that eats children.
The story then jumps to a year later, where Bill is still searching for his brother. He meets other kids, including Mike, a Jewish boy who is a state lord in his free time, Richie, a boy who uses humor to hide his insecurities, and Beverly, a girl who is bullied by her classmates. These kids, who call themselves the "Losers' Club," share a common trait: they are all seen as losers by the rest of the world and are harassed by bullies.
As the story progresses, the Losers' Club discovers that Pennywise can take the form of whatever scares them the most. They also learn that the town of Derry has a dark history of child disappearances and murders, which occur every 27 years. The kids decide to investigate and eventually discover the epicenter of the events: an old, abandoned house.
The Losers' Club enters the house, where they face their greatest fears. Pennywise manipulates them and uses their fears against them. In the end, the kids are forced to make a blood pact to return to Derry if Pennywise ever comes back.
The story concludes with Bill and Beverly sharing a romantic kiss, and the movie ends on a hopeful note. However, the narrator notes that some parts of the book were not included in the movie, including a scene where the Losers' Club has an orgy with Beverly.
Here are the key facts extracted from the text:
1. The story begins in Derry in 1988.
2. A boy named Bill makes a paper boat for his little brother George.
3. George's boat falls into a sewer, where he encounters a dancing clown named Pennywise.
4. Pennywise kills George.
5. Bill is still looking for his little brother a year after his disappearance.
6. Bill is part of a group of kids known as the Losers' Club.
7. The Losers' Club includes Mike, a Jewish boy who is the son of a rabbi; Richie, a boy with a sense of humor; Beverly, a girl who suffers from bullying; and Ben, a boy who is a hypochondriac.
8. The Losers' Club investigates the mysterious events happening in Derry, including the disappearance of children.
9. The group discovers that Pennywise can take the form of whatever scares them the most.
10. The Losers' Club finds an old map of the city and determines that the epicenter of the events is an old house.
11. The group enters the house, where they encounter Pennywise and his minions.
12. Pennywise hypnotizes Beverly and takes her to his lair.
13. The Losers' Club rescues Beverly and engages in an epic fight with Pennywise.
14. Bill forces his friends to make a blood pact to return to Derry if Pennywise ever comes back.
15. Beverly leaves Derry to live with her aunt in Portland.
16. Bill and Beverly share a romantic kiss before she leaves.
Note that I have excluded any opinions or interpretations from the text, as per your request.