The movie "It's a wonderful life" came out in the 1940s. Frank Capra was a famous director at the time, but it did not do great financially. The film hits its stride almost like 25 to 30 years later, 1974. That is the year when the film's initial copyright term expires.
Welcome to the Planet Money Movie Club, a regular series from Planet Money+ in which we watch an economics-related movie and discuss! On today's episode, Kenny Malone, Wailin Wong, and Willa Rubin talk about Frank Capra's 1946 classic 'It's A Wonderful Life.' They discuss CPI adjustments, how a copyright lapse helped make the film more popular, and what exactly a 'Building and Loan' is.
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