It's a Wonderful Life (1946)
Academy Award for Best Director (Frank Capra)
Academy Award for Best Film Editing (William Hornbeck)
Academy Award for Best Picture
Academy Award for Best Sound MixingAward details: (details at IMDb)
It's a Wonderful Life is a 1946 American Christmas fantasy comedy-drama film produced and directed by Frank Capra, based on the short story "The Greatest Gift", which Philip Van Doren Stern wrote in 1939 and published privately in 1945. The film is now considered one of the most popular films in American cinema and due to numerous television showings in the 1980s has become traditional viewing during the Christmas season. The film stars James Stewart as George Bailey, a man who has given up his dreams in order to help others and whose imminent suicide on Christmas Eve brings about the intervention of his guardian angel, Clarence Odbody. Clarence shows George all the lives he has touched and how different life in his community of Bedford Falls would be had he never been born. Despite initially performing poorly at the box office because of high production costs and stiff competition at the time of its release, the film has come to be regarded as a classic and is a staple of Christmas television in many households. Theatrically, the film's break-even point was $6.3 million, approximately twice the production cost, a figure it never came close to achieving in its initial release.