Liberty Films
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Liberty Films was an independent production company founded by Frank Capra. It produced only two films, It's a Wonderful Life, released by RKO, and the film version of the hit play State of the Union, released by MGM - the only film that Capra ever made which was released by that studio. (In later years, Capra bought the film and re-released it himself, so current prints do not show Leo the Lion roaring at the beginning. Because of the box-office failure of "It's A Wonderful Life", Liberty Films eventually folded and its assets bought by Paramount Pictures and incorporated into their pre-1950 library, which explains why State of the Union is now owned by EMKA, Ltd./NBC Universal).
