LucasFilm intends to re-release Star Wars Episode I: The Phantom Menace in February 2012 after giving it a 3D conversion, with the intention then being to convert the other five films in the saga, releasing one per year.
The problem is, there’s been a bit of a backlash against 3D lately. Recently, Pirates of the Caribbean: On Stranger Tides sold more tickets in 2D than in 3D, and audiences are growing wary of bad 2D-to-3D conversions. Perhaps an even bigger problem is that – while the podrace sequence might be pretty cool in 3D – The Phantom Menace is not exactly a film that audiences have been clamoring to have re-released. It’s a money grab, of course.
Recently, Star Wars producer Rick McCallum has stated that if The Phantom Menace under-performs, they won’t bother with the rest, so fans who might have wanted to save their cash to see the Mos Eisley Cantina, the Cloud City of Bespin or the Battle of Endor in 3D might have a problem. “One a year, if they work,” McCallum stated. “If they don’t, there will just be one.”
In other words, shell out your cash for the prequels, or the original trilogy 3D conversion will never happen.
(via Czech Position)