A young man tries to save his small town from complete destruction as director Joe Dante provides the Grinch's version of 'It's a Wonderful Life' in which an unusual Christmas present multiplies and turns nasty. Filled with cinematic in-jokes and cameo appearances. With Zach Galligan, Phoebe Cates and Hoyt Axton. Followed by 'Gremlins 2: The New Batch'.
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