Jean Shepherd wrote a number of books (all hysterical), I believe the stories that formed the basis of this was "In God We Trust, All Others Pay Cash", which was a collection of his stories. I watched it and frankly turned it off, while the cast were veteran actors, I didn't think the songs really added to the story, and to be honest it came off, despite the cast, like a community theater production being broadcast. The attempts to make it PC, like the chinese restaurant workers singing in full choral harmony and being explained as they all were students home from Harvard and Yale (to me that stereotype was much worse than the original movie with them trying to sing Deck the Halls), and the addition of the Hanukkah segment didn't add to it either, the story was never meant to be social commentary, it was meant to be a story talking about childhood in a very different time.
The funny thing is the original movie when it came out was a box office disappointment, it didn't do well, but then later became a kind of icon of the season, go figure, I don't think this production will have the same ultimate fate.
Best Jean Shepherd "Old Man" Line "To the Old Man, beer proved the existence of God, nothing that good happens by accident" *smile*.