It's a Wonderful Life turned the story and what was worth using from the three scripts into a screenplay that Capra would rename "It's a Wonderful Life". The script underwent many revisions throughout pre-production and during filming. Final screenplay credit went to Goodrich, Hackett, and Capra, with "additional scenes" by Jo Swerling. Capra produced the film with his independent motion picture production company Liberty Films. Dalton Trumbo had written a draft that was different from the final film. In Trumbo's draft, George Bailey is an idealistic politician that slowly grows more cynical as the story progresses, then tries to commit suicide after losing an
It's a Wonderful Life film with a $25–$35 million budget in Louisiana early in 2014. The film had been announced as being produced by Star Partners and Hummingbird Productions, neither of which are affiliated with Paramount, owners of the original film (Farnsworth claimed that "It's a Wonderful Life" was in the public domain). Later, a Paramount spokesperson claimed that they were not granting permission to make the film, "To date, these individuals have not obtained any of the necessary rights, and we would take all appropriate steps to protect those rights", the spokesperson said. No further developmental plans have since arisen. It is commonly