It wasn’t all that long ago that the first trailer forITarrived online and shattered everyone’s expectations for what this new take onStephen King’s beloved storycan be. We still have a handful of months to wait until the movie actually arrives in theaters, but everything we have seen so far leads us to believe that this will be a movie worth waiting for. Now, thanks to the MTV Movie and TV Awards, a brand new sneak peek at theITmovie has arrived online.

New Line Cinemadecided to capitalize on all of the eyeballs that were locked on MTV for their awards show this weekend and debut some new footage fromIT. After the success of the first teaser trailer, which racked up an absolutely staggering 196 million views in the first 24 hours of its release, shattering all previous records, the studio now seems to have a lot of confidence in the movie and wants to keep it in the public consciousness. This new, creepy footage should do the trick.

Based on Stephen King’s best-selling novel,ITcenters a group of young kids who have to face theirbiggest fearswhen they seek answers to the disappearance of children in their hometown ofDerry, Maine. They square off against an evil clown named Pennywise, whose history of murder and violence dates back for centuries. This will be the first of two movies based onStephen King’s IT, unless something goes horribly wrong at the box office. This first movie will center on the kids being terrorized by Pennywise, with the second movie taking place years later, focusing on the same group as adults.

There are quite a few people who feel very nostalgic about the 90s version ofITthat was done as a two-part TV miniseries, but more or less works as a movie. However, even based on the first trailer and this new sneak peek, it seems like this long-in-development adaptation ofITwas well worth doing. You can love Tim Curry as Pennywise, but the 90s version ofITdoesn’t look like it will hold a candle to the level of terror audiences will be treated to in this new take. In recent years, quality horror movies have done very well at the box office and there is clearly an appetite for this movie. So ifITwinds up being the movie we all hope it will be, New Line could have a huge hit on their hands.

The cast for the movie includes Jaden Lieberher, Finn Wolfhard, Jack Dylan Grazer, Wyatt Oleff, Chosen Jacobs, Jeremy Ray Taylor, Owen Teague and Bill Skarsgard as Pennywise the clown.ITis directed by Andres Muschietti (Mama) and is set for release on September 8. Be sure to check out the brand new sneak peek for yourself and prey that thisscary clownstays locked on the big screen.