Oops! It's April 6th, not the 12th. Sorry for the error.
I think it's common and cynical now to deride James Cameron's TITANIC, considering that until AVATAR it was the most successful film of all time (not adjusted for inflation). But at the time, it was a Movie Event, one we don't get anymore. It played well into the next year, won awards right and left, and probably most importantly, changed the way films were made and distributed. Young girls (and quite a bit of guys too, to be sure) would see the film over and over again.
It was inevitable that James Cameron would revisit this film. 3D is all the rage now, at least for the studios, and since next year will not only be the 15th anniversary of the release of the film but also the centennial of the naval disaster, a re-release of TITANIC was undoubtedly going to happen. On April 6, 2012, (April 10th, 1912, is the 100th anniversary of the launch), Cameron will re-release TITANIC in 3D to theaters around the world.
The conversion will be supervised by Cameron and Jon Landau, and, according to Cameron, "There's a whole generation that's never seen TITANIC as it was meant to be seen, on the bigscreen, and this will be TITANIC as you've never seen it before, digitally remastered at 4K and painstakingly converted to 3D."
I'm not going to get into a full-blown discussion of 3D here (though I'm quite sure the Talkback will), but I'd be very surprised if this re-release wasn't hugely successful. We've all seen the film many times, probably, and this will be an opportunity for the next generation to see what all the fuss was about. If for nothing else, a lot of guys will be seeing it for the 3D sketch sequence alone (the drawing was just auctioned last month, oddly enough). Not to be crude, but nude Kate Winslet in 3D? Sign me up.