Produced by Chuck Jones Enterprises, the special was first broadcast November 30, 1978 on CBS.

Inventor and "in"-efficiency expert Alexander Graham Wolf, who looks and sounds like Wile E. Coyote, is planning to take over Santa's workshop.

At the factory, Alexander is using a machine to encase all the toys in blocks of a transparent and unbreakable substance called gloopstik (made by the Gloopstik Corporation), to ensure that they'll last forever, even though the children won't be able to play with them.

Breaking the fourth wall, they ask all the children at home to shout "LOVE", which causes all the gloopstik blocks to fall apart, including the one in which Alexander's trapped.

Having learned his lesson, Alexander destroys his machine (by pushing a button that causes it to consume itself) and leaves the workshop, just before Santa wakes up.