TVBizwire

One of the Most Beloved Films of All Time Is Getting a Sequel Variety

A sequel in the works for a film that has been a television staple and is one of the most beloved movies of all time. Variety reports that the TV holiday season perennial "It's a Wonderful Life," Frank Capra's iconic 1946 movie, is getting a sequel.

The new production is titled "It's a Wonderful Life: The Rest of the Story" and comes from Star Partners and Hummingbird Productions, with the goal of having the film ready for the 2015 holiday season.

The sequel is slated to star Karolyn Grimes, who portrayed the cherubic Zuzu in the original. She will return as an angel who shows George Bailey's unlikable grandson how the world would have been better off without him.

The original move showed George Bailey, played by Jimmy Stewart, how his hometown would have been worse off without his presence.

"The storyline of the new film retains the spirit of the original -- every life is important as long as you have friends,” said Bob Farnsworth of Hummingbird.

No casting decision has been made on who will play the grandson. The film will have a budget between $25 million and $35 million, the piece adds.

Fans of the original movie apparently weren't thrilled with the news, with comments on Variety's site tending toward the negative.

"I never post on web sites, but I feel the need to tell whoever is listening, that I hope this is a joke. Please stop. The world is a better place because of that movie. Stop ruining good things. I hope you find love, and money doesn’t have to consume everything," one commenter wrote.

karolyn grimes.jpgKarolyn Grimes