December 20

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1946

Premiere of It’s A Wonderful Life

“Merry Christmas, you beautiful old savings and loan!  Merry Christmas, you beautiful beat-up old house!” So shouts George Bailey (Jimmy Stewart) who has just been saved from suicide by an apprentice angel who convinces him of the value that his life has had by showing what the town of Bedford Falls would have looked like without his influence.

Philip Van Doren Stern wrote a short story called “The Greatest Gift” but could not interest any publisher in his work so he printed up the story as a Christmas card and sent it to 200 friends. Among the recipients was a Hollywood agent who convinced RKO studio that it would make a great movie. And it did. It was shown in theatres under the title It’s a Wonderful Life for the first time on this date in 1946.

This enormously popular Christmas-time movie was not a success when it was first released in 1946 and when its copyright expired in 1974 no one bothered to renew it, allowing television stations to broadcast it without charge. This allowed new generations to discover this finely-crafted Frank Capra film which also featured Donna Reed as Mary Bailey, Lionel Barrymore as nasty Mr. Potter and Ward Bond and Frank Faylen as the original Bert and Ernie. (Republic Entertainment assumed control of the copyright in 1993 and broadcast fees are once again in effect.) Remakes of the film include It Happened One Christmas and Merry Christmas, George Bailey.

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