It Happened One Christmas airwaves on an annual basis, the remake slipped into obscurity. The reviews were mixed. After its initial airing a "New York Times" follow-up article revealed that Frank Capra, the director of the 1946 film "It's A Wonderful Life", had denounced the remake as "plagiaristic." The ratings, however, were good enough that it was rebroadcast on ABC twice, in 1978 and 1979. But by that time the original "It's A Wonderful Life" had begun its resurgence on television and eventually eclipsed the remake. "It Happened One Christmas" is rarely shown today, and has not, as of 2017, been issued on DVD.
It Happened One Night Night" made an immediate impact on the public. In one scene, Gable undresses for bed, taking off his shirt to reveal that he is bare-chested. An urban legend claims that, as a result, sales of men's undershirts declined noticeably. The movie also prominently features a Greyhound bus in the story, spurring interest in bus travel nationwide. The unpublished memoirs of animator Friz Freleng mention that this was one of his favorite films. "It Happened One Night" has a few interesting parallels with the cartoon character Bugs Bunny, who made his first appearance six years later, and who Freleng helped develop.