Aside from the typos, it's excellent!

Well done.
1. The film studios of Hollywood have produced many classics.
2. 'It is a Wonderful Life' is the title of
one of the best-loved ever
to to be made.
3. The film was produced just over fifty years
ago and it was an immediate favourite with cinema audiences.
4. In the years that it was first seen, 'It is a Wonderful Life'
has come to be regarded by many
as a great American film.
5. It is never easy to say exactly
what it is that makes a film special.
6. In the case
of 'It is a Wonderful Life' there are several factors.
7. For a start, there is the acting. James Stewart,
who is a great actor, gave an unforgettable performance and
his co-star Donna Reed provided the perfect balance.
8. There is
also the storyline.
9. It was based
on a short story about a man
whose life had become empty and dull.
10. He was
given the chance to see what would have happened if he had never lived.
11. The great film director Frank Capra recognised that the basic story
has everything needed for a good film.
12. There is
no doubt that 'It is a Wonderful Life' is a film for everyone.