It's a Wonderful Life election. The angel shows him Bedford Falls as it would have been not if he had never been born, but as it would have been if he had gone into business instead of politics. Seneca Falls, New York, claims that when Frank Capra visited their town in 1945, he was inspired to model Bedford Falls after it. The town has an annual "It's a Wonderful Life Festival" in December. In mid-2009, The Hotel Clarence opened in Seneca Falls, named for George Bailey's guardian angel. On December 10, 2010, the "It's a Wonderful Life" Museum opened in Seneca Falls, with Karolyn
It's a Wonderful Life Hal Roach color version was re-released in 1989 to VHS through the cooperation of Video Treasures. A third colorized version was produced by Legend Films and released on DVD in 2007. Throughout the 1980s and early 1990s, when the film was still under public domain status, "It's A Wonderful Life" was released on VHS by a variety of home video companies. Among the companies that released the film on home video before Republic Pictures stepped in were Meda Video (which would later become Media Home Entertainment), Kartes Video Communications (under its Video Film Classics label), GoodTimes Home Video and Video