"Hakuna Matata! What a wonderful phrase.
Hakuna Matata! Ain't no passing craze.
It means no worries for the rest of your days.
It's our problem-free philosophy -- Hakuna Matata!"
-- "Hakuna Matata," from The Lion King
Simba, Pumbaa, and Timon are making another run at the silver screen.
Theatrical rereleases don't typically fare all that well. The pricing elasticity on nostalgia doesn't have as much slack as you might think. However, Disney's throwing in a new wrinkle here by putting out the film in Disney Digital 3-D.
This is a move that should help both exhibitors -- who charge a few bucks more for screenings in 3-D -- and Disney itself. After watching Mars Needs Moms bomb earlier this year and Cars 2 fall well short of the original, Disney's iconic animation stronghold is feeling as mortal as Mufasa.
This is also a chance for RealD
No, the movie isn't hitting your local IMAX. This is more about proving that folks will still pay a premium for enhanced cinematic experiences, whether it's a RealD-outfitted 3-D screen or a supersized IMAX outlet.
Sure, the final installment in Time Warner's
This doesn't mean the very future of premium cinema is in Simba's hands over the 14 days to come. After all, families will know that they can just wait three weeks and buy the Blu-ray. Then again, that's when Disney may be relied on to save the stagnant realm of 3-D televisions.
Poor Disney. A mouse's work is never done.Motley Fool newsletter services have recommended buying shares of IMAX and Walt Disney. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Longtime Fool contributor Rick Munarriz calls them as he sees them. He does not own shares in any of the stocks in this story, except for Disney. Rick is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early.