A sequel to Frank Capra's iconic 1946 It's A Wonderful Life is in the works, with a planned release date for the 2015 holiday season, Variety reports. The original film, starring Jimmy Stewart and Donna Reed, is about George Bailey, a troubled father and husband who debates committing suicide on Christmas Eve until he is stopped by an angel named Clarence.
The sequel, tentatively titled It's A Wonderful Life: The Rest of the Story, will be produced by Allen J. Schwalb of Star Partners and Bob Farnsworth of Hummingbird. "The storyline of the new film retains the spirit of the original – every life is important as long as you have friends," Farnsworth said.
The duo announced Monday that Karolyn Grimes, who played George Bailey's daughter "Zuzu" in the original film, will return for the Wonderful Life sequel as "an angel who shows Bailey's unlikeable grandson (also named George Bailey) how much better off the world would have been had he never been born."