It's a Good Life (1961)
http://en.wikipedia.org/wiki/It's_a_Good_Life_(The_Twilight_Zone)
Six-year-old Anthony Fremont (Billy Mumy) terrorizes and controls his town by disfiguring or killing people. On a whim, he can wish people into the “cornfield” or transform them into a jack-in-the-box if they don’t think happy thoughts or otherwise act according to his wishes—just by using his mind. Every day is a living hell for the people in Peaksville, Ohio.In early 2003, a Twilight Zone revival series on UPN showed a sequel called “It’s Still a Good Life” in which Bill Mumy reprised his Anthony Fremont role. His on-screen daughter was played by his real-life daughter Liliana Mumy. Cloris Leachman also returned as his mother.
The "new" Zone did a followup with Billy Mumy where he brought everyone back. DUMB.