It's a Wonderful Life issued in home media. In 1990, another made-for-television film called "Clarence" starred Robert Carradine in a new tale of the helpful angel. A purported sequel was in development for a 2015 release, and was to be called "It's a Wonderful Life: The Rest of the Story". It was to be written by Bob Farnsworth and Martha Bolton and follow the angel of George Bailey's daughter Zuzu (played once again by Karolyn Grimes), as she teaches Bailey's evil grandson how different the world would have been if he had never been born. Producers were considering directors and hoped to shoot the
It's a Wonderful Life "Although it was not the complete box office failure that today everyone believes ... it was initially a major disappointment and confirmed, at least to the studios, that Capra was no longer capable of turning out the populist features that made his films the must-see, money-making events they once were." "It's a Wonderful Life" is now considered one of the greatest films ever made. It was nominated for five Academy Awards, including Best Picture, and has been recognized by the American Film Institute as one of the 100 best American films ever made, placing number 11 on its initial 1998