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FAME FILES: Paramount: 'Wonderful Life' sequel has no wings

Fans outraged that a sequel to a beloved holiday film is in the works are no longer out in the cold.

A spokeswoman for Paramount Pictures, which owns the rights to "It's a Wonderful Life," said Wednesday that the studio would fight a group of producers who are working on a follow-up to the 1946 holiday classic. Directed by Frank Capra, the film stars James Stewart as George Bailey, a desperate family man who imagines during Christmastime what his town would be like if he'd never been born.



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