VHS
Throughout the 1980s and early 1990s, when the film was still under public domain status, It's a Wonderful Life was released on VHS by a variety of home video companies. Among the companies that released the film on home video before Republic Pictures stepped in were Meda Video (which would later become Media Home Entertainment), Kartes Video Communications (under its Video Film Classics label), GoodTimes Home Video, and Video Treasures (now Anchor Bay Entertainment). After Republic reclaimed the rights to the film, all unofficial VHS copies of the film still in the hands of video distributors were supposed to have been destroyed.[94]
Artisan Entertainment (under license from Republic) took over home video rights in the mid-1990s. Artisan was later sold to Lions Gate Entertainment, which continued to hold US home video rights until late 2005, when they reverted to Paramount, which also owns video rights throughout Region 4 (Latin America and Australia) and in France. Video rights in the rest of the world are held by different companies; for example, the UK rights were once with Universal Studios, but have since reverted to Paramount.
Technological first: CD-ROM
In 1993, due in part to the confusion of the ownership and copyright issues, Kinesoft Development, with the support of Republic Pictures, released It's a Wonderful Life as one of the first commercial feature-length films on CD-ROM for the Windows PC (Windows 3.1). Antedating commercial DVDs by several years, it included such features as the ability to follow along with the complete shooting script as the film was playing.[98][99][N 8]
Given the state of video playback on the PC at the time of its release, It's a Wonderful Life for Windows represented another milestone, as the longest-running video on a computer. Prior to its release, Windows could play back only about 32,000 frames of video, or about 35 minutes at 15 frames per second. Working with Microsoft, Kinesoft was able to enhance the video features of Windows to allow for the complete playback of the entire film—all of this on a PC with a 486SX processor and 8 MB of RAM.[100]
Computer Gaming World said in April 1994, "The picture quality still has a way to go before it reaches television standards", but was "a noble effort" that would "please fans of the film".[101]
DVD and Blu-ray
The film has seen multiple DVD releases since the availability of the format. In the autumn of 2001, Republic issued the film twice, once in August, and again with different packaging in September of that same year. On October 31, 2006, Paramount released a newly remastered "60th Anniversary Edition". On November 13, 2007, Paramount released a two-disc "special edition" DVD of the film that contained both the original theatrical black-and-white version, and a new, third colorized version, produced by Legend Films using the latest colorization technology. On November 3, 2009, Paramount re-released the previous DVD set as a "Collector's Edition" and debuted a Blu-ray edition, also containing both versions of the film.
Restoration
In 2017, the film was restored in 4K resolution, available via streaming services and DCP.[102]
4K Ultra HD Blu-ray
On October 29, 2019, the film was released for the first time on 4K Ultra HD Blu-ray, along with a digital copy featuring a new Dolby Vision transfer.[103]
