"The Yale Office of Undergraduate Admissions will produce a new admissions video to replace the 2010 YouTube sensation ‘That’s Why I Chose Yale,’ which outlines the features of undergraduate life through song and dance.
According to Director of Outreach and Communications Mark Dunn ’07, who is coordinating production of the video with former Assistant Director of Undergraduate Admissions Andrew Johnson ’06, the current draft of the script features over a dozen campus locations, including residential colleges, cultural centers, the Center for Engineering Innovation and Design, science laboratories, seminar rooms and athletic facilities. Plans for the new video do not involve any of the former music from the original video, Dunn added." …
http://yaledailynews.com/blog/2017/04/25/update-for-viral-admissions-video/
Hopefully On Harvard Time will shortly after update their version as well.
Well, as of 2015, Harvard has a Theater, Dance and Media concentration, so maybe they’ll feel capable of making a version of their own. 
I hope the new one is even better than the original. I really like the way it shows Yale’s strengths, but in a humorous way. Even seven years after it was made. I remember watching that with my daughter at the Yale visitor center, at a time when actually going to school there seemed like a distant dream. 
I have to admit I kinda like the Harvard spoof of the Yale original. It’s funny. Well, it’s funny to a point
Yeah Yale! Go Bulldogs!
I now say “rrrresssidddential collegesh” the same way the the guy in the Harvard parody does. Of course my wife and kids hate me for it, but hey.
Knew that update was coming. I usually play it for my interviewees and with the 2 new colleges especially, it needed updating. I never get tired of watching it though. I hope the new one is just as entertaining.