Paramount: 'Wonderful Life' Sequel Has no Wings

Paramount: 'Wonderful Life' Sequel Has no Wings

By DERRIK J. LANG
AP Entertainment Writer
LOS ANGELES
Fans outraged that a sequel to a beloved holiday film is in the works are no longer out in the cold.

A spokeswoman for Paramount Pictures, who owns the rights to “It’s a Wonderful Life,” said Wednesday that the studio would fight a group of producers who are working on a follow-up to the 1946 holiday classic. Directed by Frank Capra, the film stars James Stewart as George Bailey, a desperate family man who imagines during Christmas time what his town would be like if he’d never been born.

The Internet collectively groaned this week when Bob Farnsworth, president of Nashville, Tenn.-based Hummingbird Productions, and Allen J. Schwalb, president of Orlando, Fla.-based Star Partners, unveiled their pitch for “It’s a Wonderful Life: The Rest of the Story,” a follow-up that would focus on Bailey’s unlikeable grandson.

Soon celebrities were chiming in:

Farnsworth and Schwalb said the film would star Karolyn Grimes, who played Bailey’s daughter in the original film, as an angel who comes to the aid of her nephew. They also said they were in talks with other surviving cast members to return. The producers estimated it would cost between $25 and $32 million, far less than many Hollywood remakes and sequels.

Apparently, Farnsworth and Schwalb, who did not return messages seeking comment for this story, forgot one important detail: They didn’t ask the film’s owner for legal permission. Farnsworth previously told The Hollywood Reporter trade publication that the rights to “It’s a Wonderful Life” were in the public domain.

Not quite.

While a lapsed copyright led TV stations in the 1970s, `80s and early `90s to repeatedly broadcast the film, Paramount has controlled the rights for the past 14 years, after it acquired Republic Pictures as part of its purchase of Spelling Entertainment in 1999. Paramount has since licensed the film to NBC, which airs it sparingly during the holidays.

Farnsworth and Schwalb not only lacked the blessing of Paramount _ and fans everywhere _ their proposed idea for a sequel also isn’t supported by the family of Frank Capra, who died in 1991.

Capra’s son, Tom Capra, told The Associated Press on Wednesday that the family hadn’t been contacted by Farnsworth and Schwalb about the sequel, a project they believe their father would have never approved.

___

Follow AP Entertainment Writer Derrik J. Lang on Twitter at http://www.twitter.com/derrikjlang.

COMMENTS

Please let us know if you're having issues with commenting.