The film giants hold the rights to the original festive classic
It was announced this week that, after more than 60 years since its original release, a sequel to the beloved Christmas film It's A Wonderful Life was in the works. This looked to be the case, until Paramount stepped in and said that they will do whatever is in their powers to prevent a follow-up to the 1946 film from happening.
The 1946 classic is loved by generations
Paramount own the full rights to the classic festive tale and on Wednesday, 20 November, the studio released a statement saying that they have no intentions of selling the rights to the film, adding that no sequel can be made without permission from them. According to Entertainment Weekly, the studio said in their statement that no one has enquired into purchasing the rights to the film, adding that they would probably get turned down it they tried.
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The festive movie is set to get a sequel...60 years later.
Treasured 1940s Christmas movie It's A Wonderful Life apparently has a sequel in the works, set to be released nearly 60 years after the original 1946 film. Described as "one of the most beloved films ever made" by our own Christopher Null, the movie has earned its place as one of the most cherished festive films that spans generations.
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Okay kids, if you don't have a TV, It's a Wonderful Life tells us about George Bailey (Jimmy Stewart), who lives and loves his small town of Bedford Falls so much he'd die for it. And sure enough, when his tiny Building & Loan (aka bank) starts to fail -- thanks to the malicious influence of the local tycoon (Lionel Barrymore) -- George heads for his local bridge to end it all.
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The joy nearly leaps off the screen and begs you to join. In a charming introduction, family patriarch Grandpa Vanderhof (Lionel Barrymore, on crutches due to arthritis) meets a mousy accountant named Poppins (the appropriately named Donald Meek), a dreamer who'd rather make toys than punch meaningless numbers all day. With a simple tease of what could be, Vanderhof convinces his newfound friend to toss it all away and live with his family. And poof, as Poppins says, "the die is cast."
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