Bill Denbrough described them as writhing, destroying orange lights, and IT as an endless, crawling, hairy creature made of that same light. The theory, then, suggests that the balloons are a representation of the deadlights and contain the souls of the children killed by IT.
The story follows a group of misfits kids on a mission to save their town from an evil entity that takes the shape of a clown named Pennywise. Red balloons are Pennywise's calling cards, and he often uses them as bait to kidnap children.
A common interpretation of this phrase is that it refers to where the souls of IT's victims go after they die, as they wouldn't go to heaven nor hell, staying instead in the “deadlights”, which would be a sort of limbo, thus “floating” in that middle point for eternity.
Stephen King's IT introduced readers to a one-of-a-kind creature that can take any form, the most common one being Pennywise the Dancing Clown, and as menacing as it is, this creature has one big enemy it's truly scared of: Maturin, the turtle.
Pennywise offers Georgie his boat back, but when Georgie attempts to reach out to it, Pennywise grabs Georgie's arm and bites it off, leaving Georgie to bleed to death in the rain.
A neighbor witnesses his disappearance, but the fact his body is never found gives Bill hope Georgie somehow survived. Pennywise prays on this in the film, using that hope to lure Bill in the finale. Bill later finds the tatters of Georgie's coat and finally accepts his brother is gone.
If you want to get technical, It is an alien, but It's origin goes well beyond that. It is actually an ancient cosmic deity. A god of destruction, not just of our world, but of multiple worlds and even multiple universes.
IT arrived on Earth through an event similar to an asteroid impact, landing in what would later become Derry, Maine. Once there, IT adopted its usual pattern of hibernation that lasted between 27 and 30 years, awakening to kill and eat and then going back to sleep.
In their final battle, the Losers' Club was able to kill Pennywise by reducing him to a child-like form as they overcame their fears. In the moments before Pennywise died, his fear is reminiscent of Georgie's own, therefore closing the cyclical nature of Pennywise's murders. Georgie's death was unique in It.
Kersh is Pennywise's daughter. Or at least the daughter of the man who originally had Pennywise's face. Additionally, the trailer offers a first glimpse of Bill (James McAvoy), Ben (Jay Ryan), Richie (Bill Hader), Eddie (James Ransone), and Mike (Isaiah Mustafa) back together.
Image via Warner Bros. Finally, Pennywise is beaten into submission. He scurries away, utters the word "fear," and partially disintegrates before falling into the void. It's a powerful defeat of a powerful monster, and it's satisfaction enough were IT to remain a single film.
Whenever the red balloon appears, it signals that Pennywise is close, if not already present. Whenever a child sees the simple image of the red balloon, it deceptively signifies the appearance of the child's fears.
Bill Denbrough described them as writhing, destroying orange lights, and IT as an endless, crawling, hairy creature made of that same light. The theory, then, suggests that the balloons are a representation of the deadlights and contain the souls of the children killed by IT.
According the the Wiki set up to explain It and his powers, the red balloon is an illusion — one of many — that can be created to lure It's victims to their deaths .
It's possible that there really was a human version of Pennywise the Dancing Clown who lived in Derry and became possessed by the other-worldly entity, carrying out violence in the same way that Henry Bowers did.
In the novel, It's origins are nebulous. He took the form of a clown most frequently, Mr. Bob Gray or Pennywise, but his true form is an ancient eldritch entity from another universe who landed in the town that would become Derry by way of an asteroid and first awoke in 1715.
Pennywise targets children instead of adults because they are easier to scare and manipulate. Their fears are often simpler, more direct, and easier for Pennywise to exploit.
In the novel, It claims that its true name is Robert "Bob" Gray, but decided to be named “It”. Throughout the book, It is generally referred to as male, usually appearing as Pennywise. The Losers come to believe It may be female after seeing it in the form of a monstrous giant spider that lays eggs.
Throughout Stephen King's It, Pennywise is referred to as a male, but author Stephen King pulled a fast one on readers in the It book ending by revealing the creature's true form was a pregnant spider, implying that it is, in fact, biologically female.
Pennywise is a shapeshifter that takes the form of whatever its victim fears the most. Pennywise the Clown, offering children balloons as it did to little Georgie (Jackson Robert Scott) at the start of the first IT movie, is just the preferred physical form though.
Pictures] In King's book, Georgie Denbrough apparently dies from complications due to having his arm ripped off by a reptile-toothed clown. As he reaches into the sewer to retrieve his boat, Pennywise grabs Georgie's arm and the boy starts flopping around and screaming.
It is almost assured that they did get married thanks to Big Bang Theory showing that Georgie and two of his ex-wives sent him congratulatory text messages. Thanks to what happened in Young Sheldon season 6, it is almost certain that they did get married, even if they ended up divorced.
