The man is killed and Boy takes the music box and leaves the pub. Willow finds out the director is dead, later on Willow and Boy find each other, both coated in blood because of the deaths that night.
The man is killed (although it is not clear what killed him, since the killer was shielded by green smoke) and Boy takes the music box and leaves the pub, running into Willow. Both of them are coated in blood because of the deaths that night.