New American Horror Story teaser trailer Tweet Ready for a look at American Horror Story‘s latest incarnation, Freak Show? We already knew that this season, set at a 1950s Florida freak show, will feature a bearded lady and a scary clown. Over the past few weeks, more details have emerged: Sarah Paulson’s character has two heads. The smallest woman alive has been cast. The handsomest man alive has been cast. Now EW can exclusively reveal the latest teaser for the series, which takes viewers under Freak Show‘s big top. Needless to say, this ain’t the Ringling Bros. and Barnum & Bailey Circus. Watch below.