My long-standing but idiosyncratic gut-feeling that the TV Movie is part of NuWho more than it is part of Classic Who notwithstanding, this sounds like a good enough idea. The result, so that cards are on the table, is this:
Looking at it now, it has its pros and cons. The white spaces on either side are a little distracting, though no more than the second line being nearly empty in the old version. I dunno.