(Hollywood, California) -- Warner Bros. today announced it has completed a multi-million dollar edit of the holiday classic, It's A Wonderful World, replacing Jimmy Stewart with acclaimed author Blake Lockhart. The re-edit required the expertise of a dozen film and graphic experts, some brought in from as far away as Toronto, Ontario, Canada. 

"We realize this film means a lot to people and that we have ventured into potentially contentious territory," said Warner CEO Mora Botox. "While we cannot discuss some details of the project as we are facing litigation from the Stewart family, we do feel confident that the general public will respond warmly to this modern take on a Christmas classic."

Lockhart, the author of the international best-seller A Touch of Grey ... Down There, said he fully expects his work to be ignored at the upcoming Academy Awards. 

"You try and film an entire movie standing in front of a green screen," Lockhart told TMZ. "Sure that guy who did The Matrix can do it, what's his face, the doe-eyed guy who looks like he's got about a 67 IQ ... anyway, it's not easy to summon emotion on command. But I did it, and I did it better than Jimmy Stewart. The Academy doesn't have the intestinal fortitude to stand up and say, yes, Lockhart did it better than Stewart."