'Star Wars' prequel 3D plans scrapped by Lucasfilm, 'Episode VII' remains top priority
A 3D re-release of "Star Wars Episode I: The Phantom Menace" last year grossed a so-so $43.5 million, increasing the film's lifetime total in the U.S. to $474.5 million.
Disney recently scrapped plans for 3D re-releases of "The Little Mermaid" after a steady decline in grosses for "Beauty and the Beast 3D," "Finding Nemo 3D" and "Monsters Inc. 3D" followed the surprising smash success of "The Lion King 3D."
The 3D gross for "Phantom Menace" fell between "Beast" and "Nemo," so Lucasfilm -- now owned by Disney -- may have seen the writing on the wall.
The full text of Lucasfilm's statement follows:
"Lucasfilm has decided to postpone this fall's scheduled release of Star Wars Episodes II and III in 3D. Given the recent development that we are moving forward with a new Star Wars trilogy, we will now focus 100 percent of our efforts on Star Wars: Episode VII in order to ensure the best possible experience for our fans. We will post further information about our 3D release plans at a later date."